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 […]
By Emma Wallis, News editor, Trustnet, 12 June 2024: A change of manager and renewed interest from shareholders have propelled Majedie Investments from a discount in the high twenties in 2022 to just 11% today.. The trust appointed Marylebone Partners as its investment manager in January 2023 and switched to a ‘liquid endowment’ investment strategy, […]
By Jean-Baptiste Andrieux, Reporter, Trustnet, 12 June 2024: It may have flown under many investors’ radars, but the best-performing investment trust so far this year specialises in private space tech businesses. Since the beginning of the year, Seraphim Space has surged by 94.8%, nearly 40 percentage points ahead of the runner-up, Foresight Sustainable Forestry Company. […]
Investment trust insider on GRID’s tie-up with Octopus – James Carthew: Could Octopus stretch to a bid for battery funds? Following a ‘landmark’ deal with Gresham House Energy Storage, Octopus could do the same with for-sale Harmony Energy as its next contract in two years. Life in the investment companies sector continues to be eventful. […]
Investment trust insider on new issues – James Carthew: New Aberforth and Special Opportunities trusts are timely and good value After a dearth of investment company flotations, we suddenly have two: UK small company trust Aberforth Geared Value and Income and real estate-focused Special Opportunities. Share price discounts may still be way too wide but […]
By:Elliot Gulliver-Needham, Investment Reporter, City A.M, 2 June 2024: An investment trust that makes money from ground rents has expressed relief after plans to ban the fees were dropped from one of the last bills to pass through parliament before it was dissolved ahead of the general election. On Friday, the £28m Ground Rents Income […]
by Dave Baxter, Investors’ Chronicle, May 29, 2024: When Elliott Investment Management cut its stake in Scottish Mortgage (SMT) below 5 per cent earlier this month, it’s likely to have prompted a sigh of relief from the trust’s board.. The case for activists Activists are not always a helpful presence for other shareholders given that […]
