James Carthew comments on SEIT’s decision to wind down in Linus Uhlig’s article: “I am in favour of SEIT’s decision to pursue a managed wind down as long as it does not prioritise speedy returns of capital over achieving decent prices for its assets. The statement makes it clear that it is not easy to […]
James Carthew comments on the possibility of single or dominant assets being included within trusts in Linus Uhlig’s article, saying that he is: “pretty enthusiastic about this” Read the article here
Matthew Read talks about options for exiting EWIT shareholders in Lotte Edwards’ article: “Scottish Mortgage provides access to a portfolio of some of Baillie Gifford’s most exciting listed growth ideas, along with some its larger private company investments, while Schiehallion offers exposure to a comparable pool of private companies to those held by Edinburgh Worldwide,” […]
James Carthew: This overly punished small-cap trust could face a dramatic recovery River UK Micro Cap is an extreme example of the malaise afflicting smaller companies, but it could come swinging back with force once sentiment improves. Trump’s attack on Iran has derailed the global economy and choked off a nascent recovery in UK markets […]
James Carthew comments on the growth capital sector and trusts in Val Cipriani’s article: “The problem [with Schiehallion] is that investors got over excited in 2021 and the unwinding of a significant premium upset a lot of shareholders. I think we are past the worst here,” Read the article here
James Carthew comments on Saba’s open letter and proposals in Michael Nelson’s article: “We still see no evidence that investors in EWI, Herald, Impax Environmental and the many other trusts that Saba has targeted want to be invested in an activist strategy. If Saba is adamant that they do, why does it not try to […]
James Carthew comments on Saba’s open letter and new proposals in Lauren Hardy’s article: “We still see no evidence that investors in EWI, Herald, Impax Environmental and the many other trusts that Saba has targeted want to be invested in an activist strategy. If Saba is adamant that they do, why doesn’t it try to […]
James Carthew: How trusts are swapping mega-caps for value Markets are beginning to look beyond the small handful of mega-cap stocks that have long led returns. For many years, US equities have been dominated by a narrow group of mega-cap stocks. The meteoric rise of companies such as Nvidia sucked the air out of the […]
James Carthew comments on the FCA’s recent blog on trusts in Patrick Sanders’ article: “It feels to me as though if Saba disputed whether its actions were vexatious, there is a good chance that a judge would side with them. “That implies that the trust might incur substantial legal fees for no ultimate benefit, and […]
Matthew Read comments on HRI’s latest update in James Crux’s article: “Given the strong backing for the existing manager from non-Saba Herald shareholders – and the potential CGT implications for long-term holders in particular – it is encouraging that the board continues to explore a negotiated solution with Saba.” Read the article here
