Shires Income : SHRS

Research History

• 25 Aug 2023 1 min read

  Interview with Iain Pyle from Shires Income

  In this week’s show, Matthew Read spoke to Iain Pyle from Shires Income. If you were looking for the first part of QuotedData’s show, focused on the roundup of the week’s news, click here. If there is a guest speaker you’d particularly like to hear from, please email us on [email protected]. Additionally, if you would prefer to […]

• 05 Jan 2023 90 min read

  QuotedData’s Economic and Political Monthly Roundup January 2023

  Economic and Political Monthly Roundup Investment companies | Monthly | January 2023 A collation of recent insights on markets and economies taken from the comments made by chairs and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage […]

• 03 Feb 2021 15 min read

  Shires Income – High yield without compromising on returns

  High yield without compromising on returns 2020 showed off Shires Income’s (SHRS’s) ability to deliver on its objective. By sourcing income from a wider pool than most of its peers, SHRS’s revenue account held up well relative to the wider UK market, and it managed to produce returns ahead of the average of its peers […]

• 14 min read

  Shires Income – High yield without compromising on returns

  High yield without compromising on returns 2020 showed off Shires Income’s (SHRS’s) ability to deliver on its objective. SHRS’s revenue account held up well relative to the wider UK market, which might be a reflection of it sourcing income from a wider pool than most of its peers. SHRS also managed to produce returns ahead […]

• 15 min read

  Shires Income – High yield without compromising on returns

  High yield without compromising on returns 2020 showed off Shires Income’s (SHRS’s) ability to deliver on its objective. By sourcing income from a wider pool than most of its peers, SHRS’s revenue account held up well relative to the wider UK market, and it managed to produce returns ahead of the average of its peers […]

• 16 Oct 2020 11 min read

  QuotedData’s Investment Companies Quarterly Review – Third Quarter 2020

  Investment Companies Quarterly Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Table of contents In this issue Performance data Positive movers Negative movers Discounts and premiums Getting more expensive Getting cheaper Money in and out Money in Money out Major news stories Upcoming Events New research Guide The legal bit Stubborn resistance The end […]

• 31 Jul 2020 11 min read

  Shires Income – Preference shares paying dividends

   Preference shares paying dividends Shires Income (SHRS) has been weathering the dividend crisis better than many of its peers. Holding a portfolio of preference shares, which contribute over 30% to income generation – and, crucially, have not been affected by regulatory restrictions on dividends – is a major competitive advantage. SHRS’s manager, Iain Pyle, expects […]

• 11 min read

  Shires Income – Preference shares paying dividends

   Preference shares paying dividends Shires Income (SHRS) has been weathering the storm of dividend cuts better than many of its peers. Holding a portfolio of preference shares, which contribute over 30% to income generation – and, crucially, have not been affected by regulatory restrictions on dividends – has proved to be a major competitive advantage. […]

• 07 Jul 2020 8 min read

  QuotedData’s Economic Roundup – July 2020

  Economic & Political Roundup Kindly sponsored by Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]

• 05 Feb 2020 15 min read

  Shires Income – Building on a great 2019

   Building on a great 2019 The second half of 2019 proved profitable for investors in Shires Income (SHRS) as the trust extended its outperformance of both the UK market and the average of its peer group. Investors also benefitted from the elimination of the discount. The trust continues to expand, and this should both help […]

• 16 min read

  Shires Income – Building on a great 2019

   Building on a great 2019 The second half of 2019 was a profitable time for investors in Shires Income (SHRS), as the trust extended its outperformance of both the UK market and the average competing fund. Investors also benefitted from the elimination of the discount as the share price rose to match the NAV. The […]

• 24 Jan 2020 20 min read

  QuotedData’s Investment Companies Annual Review – 2019

   In this issue The sector at the end of 2019 Performance data Performance by sector and fund Money in and out of the sector Money in and out of existing funds Money coming into existing funds Money going out of existing funds Liquidations, de-listings and trading cancellations Significant rating changes Major news stories Outlook for […]

• 06 Dec 2019 5 min read

  QuotedData’s economic roundup – December 2019

  Economic & Political Roundup Kindly sponsored by Polar Capital and Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you […]

• 12 Jul 2019 6 min read

  Quarterly investment companies roundup – Second quarter 2019

  Quarterly investment companies roundup – Second quarter 2019  QuotedData news Global equities re-found momentum in June after a cautious April and May. How much longer this ten-year bull market can sustain itself continues to be the subject of much debate. The prospect of interest rate cuts in the US has re-invigorated sentiment for the time […]

• 07 Jun 2019 5 min read

  QuotedData’s economic roundup – June 2019

  Economic & Political Roundup A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the […]

• 30 May 2019 11 min read

  Shires Income – Growing again

  In recent months, Shires Income Trust (SHRS) has been expanding for the first time since 2012. SHRS can boast both an attractive yield and outperformance of both its benchmark and the average of competing listed UK equity income funds (see Figure 15 on page 7, which shows SHRS outperforming over every time period). This appears […]

• 10 min read

  Shires Income – Growing again

  In recent months, Shires Income Trust (SHRS) has been expanding for the first time since 2012. A combination of an attractive yield and outperformance of both its benchmark and the average of its peer group (see Figure 15 on page 7, which shows SHRS outperforming over every time period) appear to be winning new fans […]

• 25 Jan 2019 1 min read

  QuotedData review of 2018 – Annual report investment companies

  QuotedData review of 2018 – Annual report investment companies 2018 – the return of volatility A trade war, Brexit, US interest rate rises, slowing Chinese growth, a US government shutdown, a dispute over Italy’s budget, the Skripal poisonings, numerous elections – there was plenty to worry about in 2018. A last-minute dive left the US […]

• 19 Dec 2018 1 min read

  QuotedData’s economic roundup – December 2018

  QuotedData’s economic roundup – December 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any […]

• 22 Oct 2018 1 min read

  Shires Income – Sustainable high yield

  Shires Income – Sustainable high yield Within the universe of UK equity income investment trusts, Shires Income (SHRS) stands out from the herd. It sets out to offer investors a meaningfully higher dividend yield than UK equity markets and aims to make this sustainable by diversifying the fund’s sources of income. SHRS also makes use of the […]

• 1 min read

  Shires Income – Sustainable high yield

  Shires Income – Sustainable high yield Within the universe of UK equity income investment trusts, Shires Income (SHRS) stands out from the herd. It sets out to offer investors a meaningfully higher dividend yield than UK equity markets and aims to make this sustainable by diversifying the fund’s sources of income. SHRS also makes use of the […]

• 18 Jul 2018 2 min read

  Quarterly Investment Companies Roundup – Second Quarter 2018

  QUARTERLY INVESTMENT COMPANIES ROUNDUP – SECOND QUARTER 2018 Global equities markets rose in the second quarter of 2018, Markets were volatile, as positive economic data and encouraging company performances played off against geopolitical concerns. Yields from bond markets rose early in the quarter but fell back as investors turned to ‘safer’ investments. The threat of […]

• 11 Jun 2018 2 min read

  QuotedData’s Economic round up – June 2018

  QuotedData’s Economic round up – June 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]

• 1 min read

  QuotedData’s investment companies roundup – June 2018

  QuotedData’s investment companies roundup – June 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of May 2018. Kindly sponsored by Baillie Gifford. The premium of biotech company, Syncona, rose on positive news on two of its […]

• 10 Jan 2018 1 min read

  QuotedData’s economic round up – January 2018

  QuotedData’s economic round up – January 2018 – is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]

• 11 Dec 2017 1 min read

  QuotedData’s economic round up – December 2017

  QuotedData’s economic round up – December 2017 – is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]

• 14 Sep 2017 1 min read

  QuotedData investment companies roundup – September 2017

      QuotedData investment companies roundup – September 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of August 2017. Kindly sponsored by Baillie Gifford. September Investment Companies Roundup Winners and losers in August Ashmore Global’s […]

• 14 Jun 2017 1 min read

  QuotedData’s economic round up – June 2017

  QuotedData’s economic round up – June 2017 – is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]

• 07 Dec 2016 1 min read

  QuotedData’s round up of views on the global economy – December 2016

  QuotedData’s collation of recent insights on markets and economies taken from comments made by chairman and managers of investment companies. december-economic-and-political-roundup

News

• 18 Mar 2026 3 min read

  Morning briefing: Saba doubles Molten Ventures stake to 10%; AEW UK contacts NCP’s administrators over York property; Target Healthcare’s best half year; SHIP has no ships in the Gulf; plus AEI-SHRS, RICA

  Saba Capital has doubled its stake in Molten Ventures (GROW) to 10%. Shares in the £811m digital start-up fund, whose largest holding is in $75bn UK neobank Revolut, stand on a wide 37% discount giving the activist investor plenty to go for. Despite the valuation gap, GROW shares have shot up 67% in the past […]

• 11 Mar 2026 2 min read

  Morning briefing: Bill Ackman revives Pershing Square USA launch; 96% of Shires shares roll over to AEI; 3IN invests €300m in Norwegian data centre; plus SUPR, PHI, ADIG

  Pershing Square Holdings (PSH) fund manager Bill Ackman has revived plans to launch a Pershing Square USA closed-end fund on the New York Stock Exchange. A filing with the US Securities and Exchange Commission shows the shares will be sold at $50 and Ackman’s firm Pershing Square Capital Management has received investment commitments of $2.8bn. […]

• 10 Mar 2026 2 min read

  Morning briefing: FTSE rallies 1.6% after oil price drops; Chrysalis repays £33m of Barclays loan; Columbia pumps £18.7m into Bellevue Healthcare; Baker Steel jumps 14.5%; plus SHRS-AEI, IBT, BGS

  Asian and European markets have rallied with the FTSE 100 rising 1.6%, or 165 points, to 10,415 after a swift reversal in yesterday’s oil price spike. From an intra-day high of $115 a barrel on Monday, Brent crude has dropped back to $92 in response to US president Donald Trump saying the war in Iran […]

• 11 Feb 2026 2 min read

  Morning briefing: Smithson shares suspended after liquidation vote; DL Invest warns of “material loss of value” at ASLI; Maven Renovar mulls shareholder survey; Saba lifts Impax stake before tender vote; plus SHIP, SHRS-AEI, ADIG, BGFD

  Smithson (SSON) shares have been suspended after more than 99% of shareholder votes yesterday approved the liquidation of the £1.5bn investment trust ahead of its conversion to the open-ended Smithson Equity Fund. Turnout was low, however, with just 26.9% of shares in the global small-cap portfolio voted. This was the first of two general meetings […]

• 08 Jan 2026 3 min read

  Shires Income to merge with Aberdeen Equity Income as last year’s M&A “frenzy” continues

  Update: The first investment company merger of the new year has been announced with Shires Income (SHRS) agreeing to fall on its sword and merge with stablemate Aberdeen Equity Income (AEI). Shires, a £123m, 5%-yielding UK equity income trust run by Aberdeen’s Iain Pyle, will enter into voluntary liquidation with shareholders able to roll over […]

• 24 Nov 2025 3 min read

  Shires Income gains “nice” 15% uplift beating FTSE All-Share as UK rallies from April low

  Shires Income (SHRS), a £112m, high-yielding UK equity and bond income fund, saw all the sectors in its portfolio rise in the six months to 30 September as it handsomely beat the FTSE All-Share.   The investment trust achieved an underlying net asset value total return of 15% that outperformed the UK benchmark’s 11.6% by 3.4%, although shareholders had to make do […]

• 20 Nov 2025 2 min read

  Murray Income picks Artemis in further blow to Aberdeen

  Murray Income (MUT), the £883m underperforming UK equity income investment trust, has appointed Artemis to turn around the fortunes of the 102-year-old fund. Concluding a strategic review begun in July, the board said it had picked the Artemis UK equity income team of Adrian Frost, Andy Marsh and Nick Shenton to run its portfolio. The […]

• 18 Jul 2025 2 min read

  Stifel: Markets look “greedy” so here’s where to take investment company profits and look for value

  Stifel is recommending investors take some profits on their investment company positions after an impressive rebound from the panic over US tariffs in early April.  The broker said 42 investment companies had risen more than 25% in the wake of President Trump’s sweeping “reciprocal” tariffs on “Liberation Day”, which saw markets fall but then recover as the […]

• 29 May 2025 3 min read

  Shires Income will rebalance its quarterly dividends

  Shires Income has announced results covering the 12 month period that ended on 31 March 2025. The trust returned 9.5% in NAV terms and 22.4% in share price terms (as the discount narrowed from 13.3% to 3.7%). By contrast the return on the All-Share index benchmark was 10.5%. The full-year dividend of 14.8p matches Shires’ […]

• 21 Nov 2024 2 min read

  QuotedData’s morning briefing 21 November 2024 – SHRS, BGLF, EBOX, WHR, SOHO, CRT

  In QuotedData’s morning briefing 21 November 2024: Shires Income (SHRS) announced its interim results for the six months to 30 September 2024. The company delivered a NAV total return of 6.8%, compared to a benchmark return of 6.1%. The share price total return was 14.5%, resulting in a narrowing of the discount of share price […]

• 23 May 2024 2 min read

  Larger Shires Income explores ways to strengthen revenue account

  Over the 12 months ended 31 March 2024, Shires Income generated an NAV return of 5.1% and a share price return of -5.5% (as the discount widened to 13.3%), both behind the 8.4% return delivered by the company’s All-Share Index benchmark. The chairman suggests that “the performance for the year is in line with what […]

• 22 Dec 2023 3 min read

  QD – review of the year

  This is the last of our weekly emails for 2023. We hope that you have been finding them useful. We will be publishing our annual roundup in January. Ahead of that however, I thought it might be worth pulling out a few of the year’s highs and lows. In January, China’s market shone as hopes […]

• 13 Dec 2023 2 min read

  QuotedData’s morning briefing 13 December 2023 – TENT, ORIT, SHRS, AEIP, WKP

  In QuotedData’s morning briefing 13 December 2023: Triple Point Energy Transition (TENT) announced its interim results for the six months ended 30 September. The company’s NAV fell 4.3% while shares fell 22% as the discount widened to over 40% at last close. In light of the stubborn discount the company has announced that an orderly […]

• 26 Jul 2023 2 min read

  abrdn Smaller Companies Trust to merge with Shires Income

  As a result of its strategic review, launched on 13 February 2023, abrdn Smaller Companies Trust (ASCI) has proposed that it combine with Shires Income (SHRS). The merger will also see ASI’s revenue reserve paid out as a pre-liquidation dividend. ASCI’s shareholders will have an option to either roll into SHRS or take a cash […]

• 25 May 2023 3 min read

  Shires approach triggered the review at abrdn Smaller Companies Income

  Shires Income reports that for the year ended 31 March 2023, it generated an NAV total return of -2.2% and a share price return of -5.5% (as the shares moved from a 0.3% premium to a 3.1% discount), which compares with a +2.9% return for its benchmark. The dividend was upped by 2.9% to 14.2p, […]

• 26 May 2022 2 min read

  Narrower discount and good equity returns for Shires

  Over the 12 months ended 31 March 2022, Shires Income underperformed its All-Share benchmark by 1.6%, returning 11.4% in NAV terms to the index’s 13.0%. A narrowing discount helped shareholders do better, however, giving them a return of 18.4%. It was the portfolio’s structure that held things back. A 2.8% return on the portfolio’s preference […]

• 02 Jun 2021 4 min read

  Shires Income has a strong year with preference shares showing their value

  Shires Income (SHRS) had strong year to 31 March 2021 in absolute and relative return terms, delivering total NAV and shareholder returns of 34% and 31.2%. The benchmark (All-Share Index) returned 26.7% over the same period. Entain, BHP, and M&G among best performers while preference shares stand out too SHRS’s managers, Iain Pyle and Charles Luke, had […]

• 16 Apr 2021 3 min read

  QD view – Money worries

  This week I was fortunate to attend a seminar organised by Aberdeen Standard Investments (ASI) on inflation. The speakers included Iain Pyle, who is the manager of Shires Income, which we have written about a few times, and Nalaka de Silva, manager of Aberdeen Diversified Income & Growth, who we had on the weekly show […]

• 12 Mar 2021 2 min read

  QD view – keeping the dividends flowing

  When we went into the pandemic panic last year, many trusts had revenue reserves equivalent to between half and a whole year’s dividend. Link Group reckoned that about 44% of the UK market’s income was lost in 2020, pushing the total amount of income available back down to 2011 levels. However, most UK equity income […]

• 12 Feb 2021 3 min read

  QD view – From infectious enthusiasm to IPO fever?

  Back in December, we published a note on BlackRock Throgmorton, which we called “Infectious enthusiasm”. In it, we tried to bring out the excitement that its manager, Dan Whitestone, had about the future of the companies in his portfolio, and by implication the future of the trust. Over the two months since, the trust’s share […]

• 26 Nov 2020 2 min read

  QuotedData’s morning briefing 26 November 2020

  In QuotedData’s morning briefing 26 November 2020: JLEN Environmental Assets Group’s half year results show a small drop in NAV from 97.5p to 96.1p, driven by falling power and gas price estimates. Dividends are on target, however and these are covered by cash generated from operations. Montanaro UK Smaller’s interim results show it lagging its Numis […]

• 05 Jun 2020 2 min read

  More reliable income

  If you manage a UK equity income fund, you certainly have your work cut out at the moment. Many companies have suspended or slashed their dividends and it feels as though the only stocks that are performing are the FAANGs (Facebook, Amazon and the like) none of which is based in the UK. At the […]

• 04 Jun 2020 2 min read

  Shires freeing up more distributable reserves

  Shires Income has reported results covering the year ended 31 March 2020. The trust outperformed its benchmark in NAV terms – Shires returned -18.0% for the period against the benchmark’s -18.5%. However, a small widening of the discount towards the end of the period left shareholders with a return of -21.2%. The dividend has been […]

• 09 Apr 2020 2 min read

  Where next for Perpetual Income shareholders?

  One of the bigger news stories of the week in investment companies was Perpetual Income & Growth’s decision to remove Mark Barnett as manager and invite offers for the management contract. Interested parties have until 5pm on 17 April to throw their hat into the ring. One of the more bizarre reactions to this was […]

• 05 Feb 2020 1 min read

  Marten & Co Income Strategies Conference 2020

  Marten & Co Income Strategies Conference 2020 Many thanks to those of you who made it to our inaugral Marten & Co Income Strategies Conference. We had some great presentations from a diverse range of income funds. JLEN Environmental – Shires Income – Civitas Social Housing – Henderson Diversified Income – Polar Capital Global Financials The […]

• 21 Nov 2019 1 min read

  QuotedData’s other news 21 November 2019

  In QuotedData’s other news 21 November 2019 – Marble Point Loan Financing (MPLF) closed a credit agreement with City National Bank establishing a revolving credit facility of up to US$12.5m on 20 November 2019. The facility will provide the company with flexible capital for acquiring investments in accordance with its investment objective and strategy and for […]

• 23 Sep 2019 1 min read

  Shires Income cuts debt costs

  Shires Income cuts debt costs – Shires Income has entered into a new GBP20 million loan facility agreement with Scotiabank Europe PLC. The new facility is for a three year period to 20 September 2022 and extends the company’s previous GBP20 million loan facility agreement with Scotiabank Europe PLC which was due to mature on 30 […]

• 29 May 2019 3 min read

  Shires Income benefits from narrower discount

  Shires Income benefits from narrower discount – Over the year to the end of March 2019, Shires Income returned 4.0% in NAV terms and 8.0% in share price terms, as the shares moved from trading at a discount to a small premium. The All-Share Index returned 6.4%. The trust’s equity portfolio did beat the benchmark, […]

• 31 May 2017 4 min read

  Shires Income had a better year

  Shires Income had a better year over the year to the end of March 2017 net asset value per share increased by 24.5% on a total return basis, compared to a total return from its benchmark of 22.0% (last year the figures were -7.0% and -3.9% respectively). The revenue return for the year was 13.08p per […]

• 17 Nov 2016 3 min read

  Shires Income beats benchmark aided by rising oil and commodity prices

  Shires Income has announced its interim results for the six months ended 30 September 2016. During the period, the trust provided an NAV total return of 15.9% and a share price total return of 16.4%, both of which outperformed its FTSE All-Share Index benchmark, which it says returned 12.9%. The trust’s chairman, Anthony B Davidson, […]

• 27 May 2016 3 min read

  Shires Income’s emerging markets and commodity holdings drive underperformance

  Shires Income, managed by Ed Beal (pictured), has announced its annual results for the year ended 31 March 2016. During the year, the trust’s NAV fell by 7.0% on a total return basis, thereby underperforming its FTSE All-Share Index benchmark, which lost 3.9%. The company says that its NAV underperformance was due principally to stock […]

• 01 Jun 2015 1 min read

  Shires Income beats UK index

  Shires Income’s results statement for the year ended 31 March 2015 says the company generated a return on net assets of 9.7% for the year, ahead of a 6.6% return on the FTSE All-Share Index. The company’s shares did not keep pace with the net asset value however and the return to shareholders was 4.9%. […]

• 29 May 2014 1 min read

  Shires Income : SHRS – annual results

  Over the year to the end of March 2014, Shires Income, managed by Ed Beal, delivered a total return on net assets of 11.5% – ahead of the 8.8% return on its benchmark, the FTSE All-Share Index. Shires Income’s rating improved over the period and so the return to shareholders was 14.0%. The dividend was maintained at […]

Videos

QuotedData’s investment trust weekly news round-up show – Iain Pyle from Shires Income

• Friday 25th August 2023
• Shires Income : SHRS

In The Press

• 27 Jan 2026 1 min read

  James Carthew on discount reversion in Trustnet

  James Carthew provides data and comment for Matteo Anelli’s article on discounts in Trustnet: “If something is consistently on a wide discount but there isn’t a good reason for it, then something will happen corporately or otherwise to bring that discount down,” Read the article here

• 13 Jan 2026 1 min read

  Investment trust insider on UK trusts

  James Carthew: Unloved UK equity trusts may deserve a second look Investors have been divesting from UK equity funds en masse for years now, but they may be overlooking hidden value. Outside of the US, 2025 was a good year for equity investors, with returns of 20% or more being commonplace. The FTSE All-Share returned […]

• 16 Jun 2025 1 min read

  Rachel’s gone on a £4TRILLION spending spree… so here’s how to make sure it gives your investments a turbo boost: These are some of the firms that will win big – and how to invest in them

  By ROSIE MURRAY-WEST FOR THE MAIL ON SUNDAY, 15 June 2025: After the blowout comes the debt hangover – and economic experts expect us all to end up with sore heads and wallets after Rachel Reeve’s Spending Review last week. But while we wait to see which of our taxes she’ll raise in the autumn […]

• 27 Sep 2023 1 min read

  Small investments trusts: which to back, and which to avoid

  by Cherry Reynard from interactive investor, 27th September 2023: Small is becoming less beautiful in the investment trust world. Problems of wider discounts, poor liquidity and even – in some cases – weaker performance, have started to worry investors. Another headwind is that wealth managers often won’t touch investment trusts with less than £250 million […]

• 25 Sep 2023 1 min read

  Bargain Hunter: these trusts are usually pricey, but are now cheap

  by Faith Glasgow from interactive investor, 25th September 2023: The investment trust sector has not had it easy over the 20 months or so, as rocketing inflation and ongoing interest rate hikes have depressed growth prospects and stifled investor demand for risk assets across the board. The downbeat economic outlook has left most investment trusts […]

• 02 Aug 2023 1 min read

  Investment trust insider on corporate actions in abrdn’s funds

  James Carthew: Need to cut charges lies behind Abrdn and trust changes The pace of change within the investment company sector appears to be accelerating. Just in the last few weeks we have seen Asset Value Investors win the mandate to run MIGO Opportunities (MIGO), though likely with the same management team as before, which […]

• 01 Jun 2021 1 min read

  How to stop inflation blowing a hole in your life savings

  Clothing and energy price rises spark fears the cost of living is set to soar: Here’s how to stop inflation blowing a hole in your life savings By ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY PUBLISHED: 21:51, 22 May 2021 | UPDATED: 10:41, 23 May 2021 If you have filled a car with petrol, bought new clothes or treated yourself to […]

• 31 Mar 2021 1 min read

  Income trusts pass the covid test

  Income trusts pass the covid test, but for how long can they deliver? Citywire Wealth Manager, Jennifer Hill, 30 March 2021 UK equity income trusts have weathered the dividend drought far better than their open-ended counterparts, an achievement largely down to investment trusts’ ability to draw on revenue reserves. UK dividends plummeted 44% last year […]

• 01 Mar 2021 1 min read

  Funds and trusts yielding above 5%: opportunity or value trap?

  Funds and trusts yielding above 5%: opportunity or value trap? by Cherry Reynard from interactive investor | 25th February 2021 11:42 The year 2020 may have been a dismal one for income seekers, but the outlook for 2021 is brighter. There is now a wealth of funds and investment trusts showing yields of more than 5%. However, many investors saw […]

• 27 Apr 2020 1 min read

  Gearing levels were ‘modest’ heading into market sell-off

  Investment trust gearing levels were ‘modest’ heading into market sell-off Data shows that ahead of the sell-off most investment trusts had ‘modest’ gearing levels, so losses were not as heavy as they otherwise could have been. Money Observer April 23, 2020 by Kyle Caldwell The use of gearing to enhance returns over the long term is a key […]

• 1 min read

  Heavyweight UK equity income trusts look for new homes

  Consolidation expected as heavyweight UK equity income trusts look for new homes Radical changes could be on the horizon   The UK equity income sector could see consolidation in 202 David Brenchley, Investment Week, 23 April 2020 UK equity income investment companies could see some consolidation, according to investment trust analysts, as two of the […]

• 17 Feb 2020 1 min read

  What’s the catch with investment trusts yielding above 5%?

  What’s the catch with investment trusts yielding above 5%? We explain how certain trusts can generate a high yield and pick two to buy By Tom Sieber, Shares Magazine, 13 Feb 2020 Little is more satisfying in investing than receiving a dividend payment from one of your holdings and investment trusts have an excellent track […]