Kathleen Gallagher, Investment Week, 26 January 2023: Literacy Capital trust saw a total NAV return in the final three months of 2022 of 9.3%, as it continues to shift its portfolio to more mature companies. In its quarterly trading update the trust said that its total NAV return for the year was 51.7%. The trust, […]
by Jennifer Hill from interactive investor, 15 February 2023: We ask a range of experts for potential fund substitutes for funds and trusts consistently high in demand, including Scottish Mortgage, Fundsmith Equity, City of London, and Vanguard LifeStrategy. Investing can be a fickle business as money follows the latest trend but analysis of the most-bought […]
Investment trust insider on Pershing Square – James Carthew: Pershing Square on my buy-list after fresh US listing talk In the North American sector, the best-performing fund over 2022 was North American Income Trust (NAIT), which grew total net asset value (NAV) by 7.3% and oversaw a 12.8% total return to in shareholders driven by […]
Elliot Gulliver-Needham, Investment Week, 10 February 2023: Russia’s invasion of Ukraine, spiralling inflation and a renewed focus on energy security defined 2022, leading to a rapid evolution of investor attitudes towards the energy sector… According to the World Bank, energy prices in 2023 are expected to be 75% above their average over the past five […]
Valeria Martinez, Investment Week, 9 February 2023: Scottish Mortgage is sitting in an uncomfortable position with its private equity exposure at full capacity, but analysts have pointed out several ways the managers of the £14.5bn investment trust giant could relieve some of the pressure. As a result of public equity market falls, particularly among the […]
Investment trust insider on income in time of inflation – James Carthew: Choppy outlook for income folk One question I have been pondering is, how would an income investor reliant on a portfolio of investment companies be faring now? Unfortunately, it looks as though some belt-tightening would be required. For example, companies that adopted a […]
Investment trust insider on green hydrogen – James Carthew: Case for green hydrogen grows About 18 months ago, I wrote about the launch of HydrogenOne Capital Growth (HGEN), the sole fund in the AIC’s Renewable Energy Infrastructure sector focused predominantly on capital growth. Investors’ enthusiasm for the trust waned over the course of 2022, on […]
Eve Maddock-Jones, Investment Week, 30 January 2023: The full impact of Russia’s invasion of Ukraine and the consequential market blacklist has been unveiled for the JP Morgan Emerging Europe, Middle East & Africa Securities (JEMA) fund in its final results. Formerly JP Morgan Russian Securities, the portfolio’s share price had fallen by 90.5% on a […]
David Stevenson, Financial Times, JANUARY 24 2023: If you don’t work for an investment business, the most challenging aspect of investing is accessing the right information. The good news is that there are now many online resources, many of which are free, to provide you with great data and, even better, actionable ideas. Let’s start […]
Kathleen Gallagher, Investment Week, 24 January 2023: The chair of the CC Japan Income & Growth trust said its subscription share scheme from February last year will “expire worthless”, as the trust has struggled in the 12 months to the end of October. In the results published today (24 January), chair Harry Wells, said the […]
