Don’t let discounts control what you buy – James Carthew is quoted in this article by Leonora Walters The prices of investment trusts’ shares do not always reflect the value of their assets, meaning these can trade at discounts or premiums to their net asset value (NAV) – ie cost more or less than their […]
Investment Trust Insider on Brexit and Aberforth – James Carthew: Aberforth calm before the Brexit storm The trouble with writing about Brexit is that, by the time this comes out, the whole story could have changed, although the chances of that seem remote somehow. UK investors are rabbits in the headlights. A once healthy new issue […]
Investment Trust Insider on Schroder Japan Growth – James Carthew: Schroder Japan Growth could look rosy under new manager Earlier this month Schroders announced that Andrew Rose, manager of Schroder Japan Growth (SJG), was getting ready to retire in June 2019. The plan is to hand over the funds he manages to Masaki Taketsume, who has […]
Investment Trust Insider on Fidelity China – James Carthew: Fidelity China looks a ‘buy’ if crisis fears fade A belated Happy Chinese New Year! The Chinese stock market has been on a rollercoaster ride since June 2017, when I last wrote about Fidelity China Special Situations (FCSS), yet its share price is about the same today […]
Investment Trust Insider on M&G Credit Income – James Carthew: M&G hopes lower bond target will still appeal after loan wobble It was not only equity markets that struggled at the end of last year, many debt funds had a torrid time. One of the worst affected has been Marble Point Loan Financing (MPLF). It said […]
Investment Trust Insider on the past decade – James Carthew: the constant evolution of investment trusts A decade ago, when we were emerging from the global financial crisis, I was managing Advance UK Trust and Citywire was just 10 years old. All of this seems like a long time ago now. Recently, I found a Winterflood […]
Investment Trust Insider on SDCL Energy Efficiency Income – James Carthew: cashing in on corporate energy saving Continuing my look at recent new issues, this week I turn to SDCL Energy Efficiency Income (SEIT) whose initial public offer (IPO) rather snuck up on me at the end of last year. The company published an intention to […]
Investment Trust Insider update on battery storage – James Carthew: battery funds back renewables revolution A few weeks ago I looked at Gresham House Strategic (GHS). This week, it is the turn of Gresham House Energy Storage (GRID), a £100 million new issue in 2018 and the second energy storage fund to list after Gore Street Energy […]
Investment Trust Insider on 2018 – Lindsell Train leads best and worst investment trusts of 2018 (NB the headlines are devised by Citywire!!) 2018 is attracting headlines as the worst year for markets since 2008. However, for the investment trust industry, there was much to celebrate. This was certainly the case for the new issue market […]
Investment Trust Insider on Monks Investment Trust – James Carthew: I’m made up by Monks’ makeover It is three years since I last wrote about Monks (MNKS) investment trust. Back then, the triumvirate of Charles Plowden, Spencer Adair and Malcom MacColl had only recently taken on responsibility for the trust and started running it in-line with […]
