Tom Aylott, Portfolio Adviser, 27 March 2025: Widening discounts have plagued the investment trust industry for several years now as company shares continue to lose value versus their underlying assets. Multiple efforts were made to remedy this ongoing dilemma in 2024, including the highest level of share buybacks in the sector’s history.. Yet despite boards’ […]
by Jennifer Hill, from interactive investor, 25th March 2025: Markets move in cycles. At any point in time certain areas fly high while others are in the doldrums It is no surprise, then, that infrastructure and renewables funds are among the most popular tactical plays today.. There are plenty of opportunities around. We asked eight […]
Investment trust insider on VinaCapital Vietnam Opportunity – James Carthew: Trump is not too much trouble for my Vietnam trust James Carthew says he is sticking with VinaCapital Vietnam Opportunity and may even add to the £624m trust, after an update from the managers on the effect of the Trump administration. Trump’s trade policies have […]
Jennifer Hill, Investment Trust Insider, 19 March 2025: A few short years ago, the listed infrastructure sector was motoring ahead with regular fund launches and capital raises. In a lower interest rate environment, investors eagerly hitched a ride, drawn to the robust yields and reliable income. But when interest rates and bond yields began to […]
Sorin Dojan, Investment Week, 19 March 2025: Internalising management for REITs removes the risk of further complicating cost reporting for investment trusts, but experts warn the advantages of an externally managed vehicle are also taken away. Their caution came after Supermarket Income REIT (SUPR) put forward proposals to internalise its management function, subject to shareholder […]
by Val Cipriani, Investors Chronicle, March 18, 2025: Shares in capital preservation investment trusts have stayed broadly flat during the latest market sell-off, providing better shelter than during the 2022 bear market. The three defensive wealth preservation trusts, Capital Gearing (CGT), Personal Assets (PNL) and Ruffer Investment Company (RICA), had around 30 per cent of […]
By ROSIE MURRAY-WEST and SIMON LAMBERT, This is Money, 18 March 2025: An income you don’t have to work for is often seen as the preserve of fortunate ‘trustafarians’, whose families use trusts to pass wealth down through the generations. But you can use your Isa to provide your family with a source of tax-free […]
Investment trust insider on Fidelity China Special Situations – James Carthew: My China fund is up 60% in six months and has further to go As US markets finally come off the boil, our columnist explains why he is sticking with Fidelity China Special Situations and how the £1.4bn trust makes good use of the […]
Investment trust insider on Achilles and North Atlantic Smaller – James Carthew: Activist Achilles and the wide discounts on Chris Mills’ other trusts Our columnist responds to questions about how recently-launched Achilles can attack other trusts for being on discounts when North Atlantic Smaller Companies, run by one of the same managers, trades one-third below […]
Investment trust insider compares Biotech Growth and International Biotechnology – James Carthew: Am I too late to switch biotech trust? Our columnist is disappointed by Biotech Growth Trust’s returns over the past decade and wonders whether rival International Biotechnology is now more compelling. Biotech Growth Trust (BIOG) has been on a rollercoaster ride over the […]
