Eve Maddock-Jones, Investment Week, 15 February 2024: Meta’s newly launched dividend is unlikely to benefit portfolios targeting a high yield, income managers told Investment Week. Instead, the move aims to settle shareholder concerns about the firm’s management and how it is likely to distribute earnings amid its metaverse expansion.. While the dividend offering was well […]
by Jennifer Johnson, Investors’ Chronicle, February 14, 2024: At first glance, London’s largest dedicated technology trusts aren’t overexposed to the fabled ‘Magnificant Seven’ stocks that dominated the US market last year. Open-ended funds can only hold 10 per cent in a single company, meaning they must underweight the megacap companies that sit at the top […]
By James Carthew, QuotedData, for Trustnet, 14 February 2024: The Labour Party’s decision to abandon its green spending plan has attracted criticism from all sides. Its stance is that it was a plan born in a time of lower borrowing rates that is not feasible now However, there is an awful lot of investment needed […]
by Jennifer Hill from interactive investor, 14th February 2024: Following the herd doesn’t tend to end well. Throughout history investors’ tendency for herd mentality bias has inflated asset bubbles and driven sharp declines detached from market fundamentals.. Trading on the interactive investor platform highlights half a dozen funds that have climbed the popularity rankings over […]
Valeria Martinez, Investment Week, 13 February 2024: The Financial Conduct Authority has opened an investigation into embattled trust Home REIT, more than a year since the suspension of its shares. In a stock exchange notice today (13 February), the Home REIT board said it had been notified by the regulator of its commencement of an […]
James Carthew: JAM or Pershing? Which is best to capture US growth? JPMorgan American was its sector’s best performer in 2023 with strong numbers following a revamp five years ago. However, Pershing Square’s record can’t be dismissed either. Within the North America sector, last year’s winner was JPMorgan American (JAM), which generated an underlying investment […]
By Jean-Baptiste Andrieux, Reporter, Trustnet, 06 February 2024: Scottish Mortgage seems to be back on investors’ radars, as they project central banks to start cutting rates at some point this year – boosting the growth-heavy portfolio… The Baillie Gifford’s flagship investment trust has struggled since central banks started their hiking cycle, but falling interest rates […]
By HARVEY DORSET, This is Money, 6 February 2024: Seraphim Space Investment Trust climbed to new heights in January, marking itself as the best performing investment trust of the month as its returns skyrocketed 49.4 per cent. The trust, which invests in early-stage space technology firms, reversed losses in the latter part of 2023, which […]
Investment trust insider on battery funds – James Carthew: Blame imbalanced National Grid for battery funds’ woes In recent weeks, the share prices of the three battery storage funds have nosedived, more than reversing the modest gains they had made since it started to become clear that interest rates had peaked last October. Gresham House […]
By Jean-Baptiste Andrieux, Reporter, Trustnet, 05 February 2024: Investors who bet on Scottish Mortgage Investment Trust 10 years ago have been richly rewarded, quadrupling their cash since 2014. This phenomenal return has made it the best performing portfolio of the past decade in the IT Global sector – a feat it achieved thanks to a […]
