A year ago, how many of you would have thought about investing in European smaller companies? At the time, we were trying to work out the impact of Brexit on the UK and the EU. Commentators were also looking ahead to votes in the Netherlands, France and Germany and worrying whether we were on the […]
There are only two investment companies that focus solely on China: the £1.2 billion Fidelity China Special Situations trust (FCSS) and the £180 million JPMorgan Chinese Investment Trust (JMC). JMC has performed well over the past year, returning 56% in net asset value (NAV) terms and 65% in share price terms. By contrast, FCSS grew […]
From an economic standpoint recent news in the UK has been worrying. House prices are falling and so are retail sales. Inflation has exceeded the Bank of England’s target and so the monetary policy committee is edging closer to raising interest rates. We have a hung parliament and we are just about to embark on […]
John Laing diversifies overseas The last time I dedicated an article to John Laing Infrastructure (JLIF) was back in September 2011. The fund was quite new then having launched at the end of November 2010, although the sector had been around for a while given HICL (HICL) launched in March 2006, followed by International Public […]
Brexit isn’t all bad news for UK property The past couple of weeks have seen a clutch of results announcements by the larger real estate investment (REIT) and property trusts. The periods they are reporting on incorporate the run up to the referendum vote and its aftermath, and adverse changes to the stamp duty regime. […]
Aberdeen Diversified Income & Growth (ADIG) the reincarnation of BlackRock Income Strategies, is now up and running. As yet, although the discount has narrowed a little since launch (currently 7%), there appears to be some way to go before ADIG is ranked alongside competitors such as Personal Assets (PNL), Ruffer (RICA) and Seneca Global Income […]
Aberdeen Diversified Income & Growth (ADIG) the reincarnation of BlackRock Income Strategies, is now up and running. As yet, although the discount has narrowed a little since launch (currently 7%), there appears to be some way to go before ADIG is ranked alongside competitors such as Personal Assets (PNL), Ruffer (RICA) and Seneca Global Income […]
Gold is a unique commodity in that its price is not driven primarily by supply and demand dynamics but instead marches to the drum of the global economic environment. The world stage is dominated by …. ….read more here
Traditionally, the listed UK property sector was all about offices, warehouses and shops but, increasingly, residential property is coming into the mix. A couple of weeks ago I looked at two real estate investment trusts (Reits) focused on investments in care homes: Target Healthcare (THRL) and touched on the newly launched Impact Healthcare (IHR). We […]
Many investors have a bias against funds of funds because they charge management fees on top of the fees being paid to the managers of the funds in their portfolios. Often though, these funds do produce decent performance. One listed fund of funds exemplifies this situation – TR Property (TRY) managed by Marcus Phayre-Mudge only […]
