Alex Sebastian, Portfolio Adviser, 24 JULY 2023: Abrdn has proposed folding the New Dawn investment trust into Asia Dragon. If the move is approved it would create a £700m Asian equities focused entity. The pair have a similar remit and a significant commonality of equities holdings. A merger could create efficiencies within the running of […]
David Brenchley, The Times, July 22 2023: Cheap private equity investment trusts can be lucrative pension investments – but you need to pick the best and back them for the long-term. Private equity funds have been in the spotlight since the chancellor, Jeremy Hunt, got nine of Britain’s biggest pension firms to agree to pump […]
Valeria Martinez, Investment Week, 21 July 2023: The UK property market is going through a “recalibration” during the higher interest rate environment, but experts told Investment Week this may represent a buying opportunity, thanks to “attractive” valuations. Simon Marx, head of research at Lothbury Investment Management, said the UK real estate market was at a […]
Gavin Lumsden, Citywire Investment Trust Insider, 21 July 2023: The tide of corporate actions sweeping the investment trust world has reached the Asia Pacific sector with Abrdn New Dawn (ABD) agreeing to merge with stablemate Asia Dragon (DGN). If approved by shareholders, the scheme of reconstruction of New Dawn and transfer of assets to Asia […]
By Jean-Baptiste Andrieux, Reporter, Trustnet, 19 July 2023: Despite the majority of investment trusts looking cheap, some expensive options are still worth buying, according to experts. Data from Numis Securities shows only 22 close-ended funds are trading on a premium or 6.5% of the Association of Investment Companies (AIC)’s universe. This is less than half […]
by Jennifer Hill from interactive investor, 17th July 2023: Wealth preservation investment trusts are popular with DIY investors and for good reason, but a range of other defensive strategies are worthy of consideration, finds Jennifer Hill. The gathering of storm clouds tends to have investors running for cover but with sudden swings in the investment […]
By ANNE ASHWORTH, Daily Mail, 15 July 2023: When in a clothing store, the reduced rail is always my first destination. But my enthusiasm for a bargain is tempered by scepticism. The items may cost less, but they must also be the pieces my wardrobe needs, rather than impulse purchases. The same considerations apply when […]
James Carthew: Why Rockwood is rocking the UK small-cap sector Last week I relayed the view of Miton UK Microcap (MINI) fund manager Gervais Williams on the undervaluation of the UK smaller company market, and especially that of the very smallest listed companies. Following this, I caught up with Richard Staveley, manager of Rockwood Strategic […]
By Dave Baxter, Investors Chronicle, July 12, 2023: Few funds made it through 2022 unscathed, and even those with an explicitly defensive profile took a hit. A combination of problems, including a painful government bond sell-off, ultimately took its toll on most of the so-called wealth preservation investment trusts, although most of them fared better […]
BY JEN HILL, Citywire Investment Trust Insider, 13 July 2023: Whatever investors have been doing this year, they haven’t been buying wealth preservation fund Ruffer Investment Company (RICA). But is that exactly what they should be doing? Last week we flagged the slump in its shares in the latest Trust Watch and this week the […]
