by Jennifer Hill from interactive investor, 18th December 2023: Investors looking to bag a bargain need look no further than the investment trust sector where risk-off sentiment has this year sent discounts to levels not seen since the financial crisis. At the end of 2021 – before the war in Ukraine fuelled energy and food […]
by Dave Baxter, Investors’ Chronicle, 15 December 2023: The optimists would have you believe that the worst is finally over for the investment trust sector. Interest rates have apparently peaked, wide share price discounts are likely to limit further falls and the reform of cost disclosure requirements could remove one of the many challenges facing […]
by Val Cipriani, Investors’ Chronicle, December 13, 2023: Infrastructure trusts have seen their average discounts to net asset value (NAV) narrow in the past month, as the decline of government bond yields brought some good news for the sector. But not all the trusts recovered to the same degree, overall discounts remain wide and the […]
In this week’s edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, talks to James Carthew, director of QuotedData.
Investment trust insider on activists – James Carthew: Tender offer won’t get Saba off European Opps’ back Both the relative and absolute performance of European Opportunities Trust (EOT) have been poor in recent years. There are two main reasons for that – the fraud at Wirecard, which was far too large a position in Alexander […]
By ROSIE MURRAY-WEST, Mail on Sunday, 10 December 2023: The new Wonka movie starring Timothee Chalamet isn’t the only golden ticket in town. This week the gold price hit a record high, coming in at above $2,100 an ounce and making investors wonder if they should add a little lustre to their portfolios. Whether you […]
BY GAVIN LUMSDEN, Citywire Investment Trust Insider, 8 Dec 2023: QuotedData, the investment company analyst that employs our columnist James Carthew, celebrated its tenth anniversary last night. At a bar in the City of London, I found the mood among the crowd of closed-end fund professionals was surprisingly upbeat, perhaps buoyed by the sight of […]
by Cherry Reynard from interactive investor, 5th December 2023: At a time when income is abundant, “enhanced income” strategies have been a surprise hit in 2023. The largest actively managed ETF in the world is now the JPM Equity Premium fund, a covered call strategy with $30 billon (£23.7 billion) in assets, while Morningstar identified […]
Investment trust insider on NB Private Equity – James Carthew: Co-investments give NBPE pick of private equity pie Last week I caught up with Paul Daggett, one of the managers of NB Private Equity (NBPE), as he visited investors in the UK on a trip from his Dallas base. I get a sense that after […]
by Val Cipriani, Investors’ Chronicle, November 30, 2023: A reform of the requirements to disclose costs could increase demand for investment trusts, potentially helping to narrow discounts to net asset value (NAV) in the sector. As part of last week’s Autumn Statement, the government published documents on how it plans to replace the current European […]
