Michael Bow, The Telegraph, 28 May 2024: Star fund manager Nick Train has apologised for poor performance at his flagship investment trust as he warned of “malaise” gripping the UK stock market. Mr Train, who manages the £1.7bn Finsbury Growth & Income Trust, admitted to making an “obvious failing” three years ago by not investing […]
Investment trust insider on biodiversity – James Carthew: Governments are finally taking biodiversity seriously Government action to address falling wildlife numbers is creating opportunities for some businesses, with tradeable biodiversity credits one incentive. Last week, 22 May was the International Day for Biodiversity. There are ‘days’ for just about anything that you can think of […]
Tom Aylott, Portfolio Adviser, 16 May 2024: Deep and widespread discounts have been touted as a prime buying opportunity, with investors now able to buy trusts at prices well below their net asset value (NAV). However, it is worth bearing in mind that investment companies have always traded at discounts historically, meaning the current opportunity […]
James Carthew: Oakley Capital isn’t complex, it’s good at private equity I have talked about the usefulness of capital markets days before and last week I made time to go to one held by Oakley Capital Investment (OCI). This is an investment company with a great track record, sitting alongside HgCapital (HGT) at the top […]
Lauren Hardy, Portfolio Adviser, 15 MAY 2024: The upcoming retirement of Jupiter’s head of small and mid-cap equities, Dan Nickols (pictured), should mean “business as usual” for investors in his Jupiter UK Smaller Companies fund and the Rights and Issues investment trust, according to professional fund buyers. However, others warn against buying into the funds […]
by Meg Bratley, IFA Magazine, May 14, 2024 The Association of Investment Companies (AIC) has expanded its research offering for investment trust investors. Research from various providers is now available on the AIC’s website theaic.co.uk. This research is from Edison Group, Hardman & Co, Kepler, QuotedData and others and can be accessed on theaic.co.uk. This […]
Christian Mayes, Portfolio Adviser, 14 MAY 2024: The Association of Investment Companies (AIC) has broadened its pool of external research available to be accessed by investors via their website. As part of the move, research from Edison Group, Hardman & Co, Kepler, QuotedData and others will be accessible at theaic.co.uk. Two types of research are […]
Lauren Hardy, Portfolio Adviser, 15 MAY 2024: Professional investors have urged the FCA for a consultation on misinterpreted regulation regarding ‘complex investment products’ by platforms, following fears that mandatory ‘test taking’ before buying into some investment trusts is dealing another blow to the already-ailing sector They add that hampering the democratisation of investing through reducing […]
By Jean-Baptiste Andrieux, Reporter, Trustnet, 14 May 2024: UK equities have been notoriously out of favour with both domestic and international investors for several years. Although the FTSE 100 has rallied in recent times, it is difficult to tell whether the tide is finally turning. All we know for now is that investors have been […]
by Dave Baxter, Investors Chronicle, May 14, 2024: Areas like biotech can be racy at the best of times and especially vulnerable to shifting investor whims. That much has become evident in recent years: the average investment trust in the AIC’s Biotechnology and Healthcare sector made a whopping 21 per cent share price total return […]
