Lauren Hardy, Portfolio Adviser, 25 JUNE 2024: Revised conditions of Bidco’s all-share purchase of Hipgnosis Songs Fund (SONG) are moving closer to fruition, according to a London Stock Exchange announcement published today (25 June), following a revised cash offer from Bidco for the beleaguered investment company. On 3 June, Blackstone-owned Lyra Bidco Limited increased its […]
BY JENNIFER HILL, Citywire Investment Trust Insider, 20 June 2024: Last-mile warehouse investor Urban Logistics (SHED) believes the time is right to increase gearing after what analysts at QuotedData hailed ‘another year of strong operational performance’. Net rental income rose 8.4% in the year to end-March as the mismatch between supply and demand in logistics […]
By James Carthew, QuotedData, 20 June 2024: One of the great rules of investing is don’t buy something that you don’t understand. Fortunately, most businesses are reasonably straightforward, but one sector that is riddled with complexity is financials, especially when it comes to the banks, insurance and life assurance companies that make up the majority […]
James Crux, SHARES, 20 June 2024: Whereas passive funds aim to track the performance of a key benchmark or index, active funds are run by a professional fund manager who selects what goes in the portfolio with the aim of outperforming the market.. WHAT IS THE FUND’S STRATEGY? One of the major advantages of funds […]
By Jean-Baptiste Andrieux, Reporter, Trustnet, 19 June 2024: Murray International and JPMorgan Global Growth & Income have built a strong following over the years and are, as such, the two largest investment trusts in the IT Global Equity Income sector. However, the two trusts built their reputations under very different circumstances. Murray International is managed […]
by Val Cipriani, Investors Chronicle, June 18, 2024: Private equity trusts often have poorly structured performance fees, which can make them ineffective and unfair to shareholders, according to Quilter Cheviot. The wealth manager criticised how private equity investment trusts set performance fees in a report on governance at alternative investment trusts. It listed a series […]
Investment trust insider on US infrastructure – James Carthew: Power up your portfolio with US infrastructure trusts While there may be some political noise in the run up to the presidential election, the long-term case for investments in US renewable infrastructure is pretty solid. While all eyes have been on the meteoric rise of Nvidia, […]
by Jennifer Hill from interactive investor, 17th June 2024: Discounts are wide across the investment trust universe, giving investors plenty of bargain-hunting potential. The average discount across 288 investment trusts that publish net asset values (NAVs) was -17.7% at the end of May, compared to -5% across 241 trusts five years ago, according to an […]
By ANNE ASHWORTH, Daily Mail, 15 June 2024: For the past few years, the commercial property sector has been an investment no-go zone, ravaged by higher interest rates, inflation and the pandemic’s impact on shopping and working. The general disquiet was highlighted this week by the cancellation of the stock market launch of Special Opportunities, […]
Tom Aylott, Portfolio Adviser, 12 JUNE 2024: Investors should consider purchasing shares in BlackRock Throgmorton before its share price recovers, according to a new research note from QuotedData. The £565m trust is trading 10.8% below its net asset value (NAV), but that could shrink substantially when the conditions for UK small and mid-cap companies improve […]
