James Carthew looks at his defensive picks from 3 years ago and refreshes them in Jennifer Hill’s article: “The manager is highly focused on avoiding downside risk where possible,” says Carthew. “With equity markets looking pretty expensive, GCP’s steady returns may prove relatively attractive.” “It seems likely to me that the AI capex boom will […]
James Carthew comments on Ceiba’s wind-down and US sanctions list in Michelle McGagh’s article: ‘In Ceiba’s case, his ability to use the US sanctions regime to effectively dictate the behaviour of non-US entities is troubling,’ Read the article here
James Carthew: The ‘get rich quick’ zeitgeist is hurting investors in the long run Investment trusts are being brushed aside as investors pursue flashier products such as ETFs, but it may be costing them more than they think. Three articles got me wondering about how to tackle investor education last week. First there was a […]
James Carthew: Schroder Oriental Income thrives on Asia’s inefficiencies Richard Sennitt has a tried and tested skill for finding mispriced companies that deliver a good total return as well as a growing income. Schroder Oriental Income (SOI) can boast that it is both the largest and the best performing of the trusts in the Asia […]
James Carthew: Is disaster looming for trusts exposed to private credit? Law Debenture CEO Denis Jackson recently warned that ‘the floor of the coal mine is piling up with dead canaries’ when it comes to private credit – are investors right to be worried? Law Debenture (LWDB) published a decent set of interim results at […]
James Carthew comments on voting at the GSF AGM in Michael Nelson’s article: “While the recent results were disappointing, I struggle to see how us shareholders would achieve a decent upside from a liquidation,” Read the article here
David Batchelor looks at the impact of Germany’s spending on Europe’s smaller companies in Trustnet: “For much of the period since the global financial crisis, corporate Europe has struggled to keep pace with the US. Economic growth has been weaker, investment has been lower and European stock markets have lacked meaningful exposure to the technology […]
James Carthew comments on Pacific Asset Management’s acquisition of AVI in Lauren Hardy’s article: “It is hard for boutiques, even those as successful as AVI, to scale but this deal could unlock the next phase of growth for the business. Investors in AVI’s trusts should take greatest comfort from the news that the existing teams […]
James Carthew comments on Herald in Helen Kirrane’s article: “Herald will have access to a lot more research and a lot of analysts on the ground which will be helpful because some of those spectacular share price rises that we’ve seen recently have been coming out of Asia,” Read the article here
James Carthew: Phoenix Spree’s collapse serves warning on rent controls The winding-down trust’s rise and fall reveals how well-intentioned rent controls can actually worsen a housing crisis About 20 years ago, there was a flurry of new issues of investment companies investing in German residential property. German property prices had fallen in the 1990s when […]
