Investment trust insider on China – James Carthew: China debate should focus long term not on short-term weakness Last May, I was pondering whether to add more exposure to China in my portfolio by buying Fidelity China Special Situations (FCSS). In the end, as explained in that article, I chickened out, which is good news […]
Eve Maddock-Jones, Investment Week, 12 June 2023: This is one way to sum up the broken business model of Home REIT. Launched in October 2020, the trust came to market with a noble objective of delivering “tangible social impact”, focused solely on tackling homelessness “responsibly”, while enticing investors with the promise of a decent, inflation-protected […]
by Kyle Caldwell from interactive investor, 8 June 2023: For investment trust fans now is one of the best opportunities over the past decade to try and pick up a bargain, as the chart below from stockbroker Numis shows. The average equity investment trust is trading on a discount a smidge over 10%, while those […]
By Tom Aylott, Reporter, Trustnet, 8 June 2023: Dividend growth is an appealing attribute that those investing in trusts for income often look out for, but Trustnet found that seeking dividend growth alone can be littered with irregularities. However, the AIC’s 19 Dividend Heroes have increased their pay-outs for a minimum of 20 years, providing […]
by Sam Benstead from interactive investor, 7th June 2023: The London market’s only Europe-focused renewable energy investment trust faces the risk of being wound up, with investors set to vote on its continuation on 14 June., which was launched in summer 2019, owns solar, hydro and wind renewable energy assets across Europe, with a particular […]
Investment trust insider on Aquila European Renewables – James Carthew: Don’t wind down Aquila European Renewables I have been doing some work with Aquila European Renewables (AERI) recently. Like every other renewable energy investment company, AERI trades at a discount, with the shares currently around 12% below net asset value (NAV). However, AERI has been […]
David Brenchley, The Times, June 1 2023: On Monday the chipmaker Nvidia became a trillion-dollar company… Nvidia’s share price is up 164 per cent this year alone. The company said last week that demand for its graphics processors, needed to train AI systems, would bring in $11 billion of revenue in the three months to […]
By Val Cipriani, Investors’ Chronicle, June 1, 2023: Investment trusts are announcing below-inflation dividend increases, making it more difficult for investors to maintain the real value of their income – although some might be able to catch up in 2024 or 2025. Last week, core infrastructure trust HICL Infrastructure (HICL) said it intends to maintain […]
Investment trust insider on mergers – The direct lending fund that should be expanding, not shrinking or disappearing Another investment company bites the dust as CT Property Trust (CTPT) becomes the latest to announce it is on the receiving end of a bid. This time, unlike Civitas (CSH) where I continue to think shareholders should […]
Investment trust insider on Japan activists – James Carthew: Activists in Japan make the future Last week’s big surprise was the announcement of a proposed merger between Abrdn Japan (AJIT) and Nippon Active Value (NAVF). This is by no means a done deal, shareholders of both trusts will need to approve the proposal, and I […]
