By James Carthew, QuotedData for Trustnet, 14 October 2024: After a long period in the doldrums, there are glimmers of hope that investors might start to favour UK small-caps once again. Small-caps tend to outperform large-caps over the long term and the UK market is still very much cheaper than the US. With that in […]
Investment trust insider on HarbourVest Global Private Equity – James Carthew: I bought HarbourVest because its discount is far too wide HarbourVest Global Private Equity languishes on a 42% share price discount, which ignores several positive features of the £1.7bn portfolio I said two weeks ago I was thinking about buying shares in another undervalued […]
by Dave Baxter, Investors Chronicle, October 8, 2024: Several investment trusts face the prospect of contentious continuation votes in the coming months, putting further pressure on a sector already rife with consolidation. With share price discounts to net asset value (NAV) remaining wide, busy merger and acquisition activity has seen several trusts disappear this year. […]
by Jennifer Hill from interactive investor, 8th October 2024: Making the case for the bulls are anticipated interest rate cuts, an economy that appears to be on a stable footing and low unemployment. Making the case for the bears are relatively high stock valuations, looming elections and the chance that recession may not be avoided. […]
Investment trust insider on China’s stimulus – James Carthew: A China recovery could have a big impact on the world It’s not just China investment trusts that are feeling the benefit of Beijing’s efforts to stimulate the country’s stalling economy and depressed stock market. The latest rounds of stimulus being injected into the Chinese economy […]
by Jennifer Hill from interactive investor, 7th October 2024: For income-seeking investors, the attraction of allocating to traditional infrastructure or renewable energy was clear: long-term, stable revenues that are often government-backed and inflation-linked. However, as interest rates rocketed and demand for alternative sources of income plummeted, these investment trust sectors seriously sold off, causing share prices to plunge […]
by Dave Baxter, Investors Chronicle, October 4, 2024: Markets have not exactly been moving sideways in 2024. The S&P 500 has returned nearly 15 per cent in sterling terms over the first nine months of the year, with the FTSE All-Share making more than 10 per cent. Equity fund investors have had plenty to enjoy, […]
By Emma Wallis, News editor, Trustnet, 4 October 2024: Experts suggested Literacy Capital, Golden Prospect Precious Metals and Ashoka WhiteOak Emerging Markets. The investment trust sector has its fair share of heavyweights: from Scottish Mortgage, which usually features near the top of most-bought lists; to Pershing Square and its outspoken billionaire hedge fund manager Bill […]
By Emma Wallis, News editor, Trustnet, 30 September 2024: Investment trusts are charging unfair fees, according to Hawksmoor Investment Management’s Ben Conway. Most fund managers and investment advisers base their fees on the net asset value of investment trusts’ underlying portfolios, but for trusts holding hard-to-value private assets, those valuations are subjective and can fluctuate […]
Investment trust insider on my portfolio – James Carthew: New trusts for my portfolio Our columnist considers where to reinvest his cash from the Hipgnosis Songs takeover, and the forthcoming sale of assets in Abrdn Property Income. Flush with cash from the Hipgnosis (SONG) takeover and, soon perhaps Abrdn Property Income (API), which just announced […]
