Something a bit unusual – an article that we wrote that didn’t actually get published – reproduced here in full Conferences, conventions and sporting events are being cancelled left, right and centre but investment company directors shrugged that off and flocked to a well-attended annual AIC conference on Wednesday 4th. As always, there were some […]
Investment trust insider Smithson versus North Atlantic – James Carthew: Smithson is flying, North Atlantic is trying Global smaller companies trust Smithson (SSON) published its inaugural results last week. By most measures, it has had a phenomenal start in life: the largest investment trust launch ever (£822.5m), topped up with another £426m of share issuance, and […]
Investment trust insider on health care – James Carthew: healthcare trusts cut through US political noise Just nine months to go until the US election. If only we could lock all the candidates in a room for a year beforehand and harness the hot air. Instead we are condemned to endless opinion polls, voting shenanigans and […]
Lauren Mason for Investment Week What does the future hold for investment trust activism? – QuotedData’s James Carthew shares his views An active year for trust boards According to NAVF’s website, the management team will pursue “multiple activist strategies” including communication with management teams and boards, putting company representatives on the board of investee companies, […]
Buxton named lead manager of Jupiter UK Growth trust Replaces Steve Davies David Brenchley, Investment Week, 18 February 2020 Richard Buxton has been named as new lead manager of the Jupiter UK Growth investment trust, replacing under-fire Steve Davies. Buxton will be assisted on the £47.5m offering by Errol Francis and Ed Meier, who both […]
Investment trust insider on permanent capital vehicles – James Carthew: backfiring buybacks can be a permanent waste of shareholder capital I put a comment in last week’s article about Syncona (SYNC) that I thought might attract more attention than it did. Talking about the importance of having cash to back up the financing needs of the […]
Three trust picks for ESG portfolios Which products get the green light from investors? Lauren Mason, Investment Week, 18 February 2020 ESG investing has been a major theme among open-ended fund managers for quite some time, with both asset managers and asset allocators increasingly taking steps to minimise their carbon footprint, reduce sustainability risks and […]
FTfm Fund management How will the EU reshape fund managers’ regulations after Brexit? UK fund managers fear Brussels could shift goalposts and compromise third-country access Siobhan Riding, 16 February 2020 Brexit has worked some City of London fund managers into a frenzy about the prospect of becoming free from the reams of EU financial […]
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 […]
Investment trust insider on Syncona – James Carthew: Syncona has cash for life sciences land grab In August 2018 I questioned the 51% premium that life sciences investment company Syncona (SYNC) was then trading on and queried its high cash weighting. Syncona’s shares have been quite volatile but after spiking beyond £3 in October that year, […]
