By: Elliot Gulliver-Needham, Investment Reporter, CityAM In the trust’s annual result, it revealed that its underlying assets grew by only 16.2 per cent throughout the year, compared to a 24.8 per cent gain in the S&P 500. However, the discount of the trust’s share price to underlying assets halved from 22.4 per cent to 11.2 […]
Over the past couple of years, the cost-of-living crisis has been a painful reality for many, impacting everything from rent and mortgages to groceries. this underscores the importance of making your money work harder for you.. A more reliable approach to mitigating the impact of inflation might be to invest in dependable dividend-paying trusts. While […]
Lauren Hardy, Portfolio Adviser, 22 August 2024: Investors in the Rights and Issues investment trust (RIII) “should be increasingly optimistic” about its future prospects, according to the research team at QuotedData, following a 33% total return over the last year and its “stable” continuity plans following Dan Nickols’ (pictured) retirement in July. RIII, which is […]
By James Carthew, QuotedData, 20 August 2024: The 0.25% reduction in the Bank of England base rate on 31 July may not sound much but it marked the first interest rate cut in four years and signalled that the UK’s bout of elevated inflation that began in April 2021 was finally under control. A lot […]
Hannah Williford, Portfolio Adviser, 20 August 2024: The board of JLEN Environmental Assets Group, a listed infrastructure trust, has unanimously recommended shareholders vote against a discontinuation of the company at its annual general meeting on 13 September. JLEN, which was launched in 2014, is trading at a 17% discount to its net asset value as […]
Investment trust insider on Asian income – James Carthew: Abrdn Asian Income a ‘solid way to play Asia’ Until the recent tech stock selloff, this Asia equity income fund was clawing back its performance after a difficult few years. The dire state of the Chinese stock market has weighed on listed funds focused on Asia […]
Questor on Patria Private Equity – Questor: This index-busting trust proves high fees can be justified Investment trust bargains: Well-managed private equity is more than financial engineering Somewhere along the line, private equity seems to have acquired a bad reputation, but Questor thinks that London-listed private equity investment trusts deserve far better press. The newly […]
Elliot Gulliver-Needham, Investment Reporter, CityAM, 15 August 2024: JLEN Environmental Assets Trust has sold off half of its anaerobic digestion portfolio to Future Biogas for £68.1m. The trust, which invests in environmental infrastructure assets, sold the facilities at their June valuation. After the deal, it will continue to own the other 49 per cent of […]
Investment trust insider on Japan’s sell-off – James Carthew: Surveying the damage from Japan’s savage selloff How does the land lie after Japan’s worst stock market crash since 1987 and as the US approaches its first rate cut, could the tide be set to turn for growth and small caps? Markets have been behaving oddly […]
Eve Maddock-Jones, Investment Week, 09 August 2024: The new Labour government declared that growth is at the centre of its economic mission and the investment trust sector has called for this vision to include swift changes to its cost disclosure regime.. Investment trusts are subject to the Packaged Retail and Insurance-based Investment Products (PRIIPs) regulation […]
