"Interesting that ING themselves have increased their holding in...

"Interesting that ING themselves have increased their holding in the trust by a few million shares.

Between them and Orbis they own some 40% of the shares on issue."

Just to be clear, ING themselves have not bought any stock in IEF.

ING Investment Management have bought them for inclusion in the ING Real Estate Fund, so in actual fact the investors of that particular fund have bought IEF, not ING.