David Brenchley, The Times, Saturday November 11 2023: Infrastructure is all around us. From hospitals, schools and roads to the wind and solar farms that are used to power our lives. This omnipresence and the long-term need to build more of these assets have made infrastructure investment trusts popular. These trusts pool investors’ cash to […]
Matthew Read, Investment Week, 09 November 2023: Investment trust ratings, like equity markets in general, have for the past 18 months been impacted by the higher rates of inflation and the interest rate rises that have accompanied these. Longer duration assets – such as growth stocks that tend to have a higher proportion of their […]
Valeria Martinez, Investment Week, 09 November 2023: Discounts not seen since the Global Financial Crisis are driving a fresh surge in shareholder activism and M&A across the UK investment trust space. While this is likely to help lift prices in the short-term, it could also lead to a significant shrinkage of the sector… Alternative trusts […]
Gavin Lumsden, Citywire Investment Trust Insider, 8 Nov 2023: In a move that keeps the £841m investment trust and its fund manager Alexander Darwall on the back foot ahead of the crunch poll on 15 November, Saba today issued another open letter criticising EOT’s proposal yesterday for a 25% tender offer as insufficient. Saba portfolio […]
Investment trust insider on abrdn Property Income – James Carthew: If rates have peaked, API and UK Reits look too cheap For many reasons, including those I highlighted last week, the investment companies UK commercial property sector is out of favour. Abrdn Property Income (API) released a positive update last week without much impact on […]
by Jennifer Hill from interactive investor, 30th October 2023: Investing for children and grandchildren is a great way to build a nest egg, and with a long time frame there’s plenty of time to ride out the inevitable ebbs and flows of investment markets… The general rule of thumb is that the younger you are, […]
James Carthew: Where is investment companies’ Brexit dividend? In many articles over the past few years, I have expressed frustration that investment company share price discounts seem to be divorced from reality. Initially, this was centred around private equity funds, but over the past 12 months or so the problem has widened to encompass much […]
Investment trust insider on biotechs – James Carthew: I’m confident my biotech casualties will recover A couple of my more disappointing investments sit in the biotech sector. I wrote about Biotech Growth (BIOG) in July last year. The investment trust had been through a rough patch, but fund manager Geoffrey Hsu was optimistic that things […]
By Tom Aylott, Reporter, 23 October 2023: Investors often buy global funds for exposure to a wide net of the world’s biggest companies, but some would argue that they are essentially getting US funds. In an article about the assets that investors should avoid holding together, Bestinvest director Jason Hollands highlighted that US and global […]
By ANNE ASHWORTH, Daily Mail, 21 October 2023: Discontent surrounds the performance of the so-called wealth preservation investment trusts Capital Gearing, Personal Assets, RIT Capital Partners and Ruffer. These funds are foundering in their mission to provide a buffer in a challenging era through a mix of holdings, some defensive like bonds, some esoteric, like […]
