Unfortunately, there is currently no exchange-traded fund available by which you can efficiently capture the group effect of owning (or shorting) the full investment grade or speculative grade sample.

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The Quandts and the Agnellis might end up owning a third each of a combined group.

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But as a group they say they are against universities "owning" qualifications.

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The care-home operator is set to shut down, after landlords owning all 752 of its care homes said they wanted to leave the group.

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