Investment trust insider on discount rates – James Carthew: Inflation fears weigh on some income trusts Recent market turmoil has affected the ratings of a number of funds. Within my portfolio, one of the more peculiar de-ratings is that of Hipgnosis Songs Fund (SONG), which now looks to trade on an 8% discount to net […]
By Eve Maddock-Jones, Reporter, Trustnet, 24 February 2022: Trustnet asks fund pickers which portfolios deliver steady returns in the long-run without taking on huge risk. The opening weeks of 2022 have tested investors resilience to volatility in a way many have not experienced before. Equity markets in particular have struggled, facing the joint headwinds of […]
Private equity trusts have posted stellar returns in 2020 and 2021, but a new environment poses new challenges By Dave Baxter, Investors Chronicle, February 21, 2022: The persistent share price discounts on which most private equity investment trusts still trade have tended to disguise a sector in rude health. That was particularly the case in […]
Going underground: Reliable income is a target for many investors By ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY 19 February 2022: For many investors, a reliable income stream from dividends is the Holy Grail. At present that grail is largely composed of copper, gold, and even vanadium – as much of the dividend growth from the […]
These trusts have seen their premiums vanish since the start of the year as growth shares lost ground. Kyle Caldwell from interactive investor 17th February 2022: Given all the volatility in the first six weeks of 2022, a surprising statistic is that the number of equity investment trusts trading on a premium to their net […]
Over £700m in deals produced a record year, but some say more mergers need to take place Jessica Tasman-Jones, Portfolio Adviser, 15 Feb 22: Investment trust boards have been accused of inertia when it comes to consolidation even after 2021 produced a record five deals worth £708m. This month, shareholders in beleaguered UK Mortgages discovered the […]
Cherry Reynard from interactive investor 15th February 2022: Four types of funds yield 5% plus. Cherry Reynard runs through the options, risks and potential rewards… In general, there are four types of investment that generate a yield in excess of 5%. The first are conventional equity income strategies… The second type of high-income fund operates at […]
Does a change of manager help with investment trust performance? Kathleen Gallagher, Investment Week, 3 February 2022: Boards of investment trusts continue to utilise their powers to change investment manager, a benefit of the investment trust structure. However, have these changes borne fruit? Three years is, by most analyst and investor standards, the timeframe when […]
Investment trust insider on global equity income funds – James Carthew: Scottish gone, it’s Majedie’s turn to merge One of the big surprises of last year was Scottish (SCIN) opting to be absorbed by JPMorgan Global Growth and Income (JGGI). Last week Scottish announced that its portfolio was now aligned with JGGI’s. Scottish’s shareholders approved […]
Fund pickers share their thoughts on whether the AVI Global trust is a good option. Eve Maddock-Jones, Reporter, Trustnet 08 February 2022: A low allocation to the US, “rare” investment style and strong defensive track record, are some of the reasons analysts think the AVI Global trust is worth snapping up at a discount. Joe […]
