James Carthew pays tribute to Mark Mobius in Patrick Sanders’ article: “His enthusiasm for the asset class, even in the face of the dramatic sell-off in the late ‘90s and the many twists and turns since, was infectious. RIP.” Read the article here
Richard Williams comments on PCT’s exposure in Val Cipriani’s article: “Polar Capital Technology has a far greater exposure to mid-cap hardware names that are benefiting from the hyperscalers’ huge capex budgets.” Read the article here
James Carthew comments on managing a portfolio of trusts in Val Cipriani’s article: “In theory, investment trusts are the ultimate ‘buy and forget’ investments – not that you should neglect to keep an eye on your portfolio, but you should at least be able to take comfort that if something is going wrong, the board […]
James Carthew: Will rising energy prices really aide struggling renewables? A spike in power prices has given green energy trusts a much-needed boost in recent weeks, but it may not be a long-term solution to its problems. SDCL Efficiency Income (SEIT) has become the latest renewable energy investment company to propose a managed wind down […]
James Carthew comments on the blocked EWIT tender offer in Patrick Sanders’ article: “Saba has said it will block any attempt to hold a tender before it seizes control. With the shares trading fairly close to NAV, I opted to sell mine this morning,” Read the article here
James Carthew comments on SEIT’s decision to wind down in James Crux’s article: “The statement makes it clear that it is not easy to make disposals in the current environment – so let’s not rush things. At the same time the portfolio is generating significant cash flows that could be used to pay down debt. […]
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 […]
