JEN HILL, JAMIE COLVIN, Citywire Investment Trust Insider, 30 June 2023: Large shareholders have pushed through the knockdown sale of real estate investment trust Civitas Social Housing (CSH) to a Hong Kong asset management group, which effectively robs investors of up to £175m of value. In May, the board agreed and recommended an 80p-per-share offer […]
By Jean-Baptiste Andrieux, Reporter, Trustnet, 28 June 2023: The Tokyo Stock Exchange (TSE) fired a warning shot in late March to firms with a low price-to-book ratio, announcing that they will have to disclose their policies and specific initiatives for improvement, while non-compliers will be named and shamed. A price-to-book ratio below 1x has been […]
by Kyle Caldwell from interactive investor, 27 June 2023: Research for interactive investor examined whether 19 investment trusts have beaten inflation over the past five years in terms of dividend growth, share price and net asset value (NAV) returns. The minimum aim of every investor should be to ensure that over the long term the […]
BY JEN HILL, Citywire Investment Trust Insider, 27 June 2023: Efforts to enhance the profitability of portfolio companies of the embattled growth capital fund Chrysalis (CHRY) appear to be paying off. Around 84% of the portfolio is now profitable or expected to be funded to profitability, double the 42% in March last year. The manager […]
Valeria Martinez, Investment Week, 27 June 2023: Shareholders of the Chrysalis investment trust will be able to take part in a continuation vote by April 2024, with options including a potential managed exit on the table, as its five-year IPO anniversary approaches. In the trust’s interim results published today (27 June), chair Andrew Haining said […]
By Tom Aylott, Reporter, Trustnet, 27 June 2023: The Scottish Mortgage Investment Trust made some of the industry’s biggest returns by investing in high-growth assets over the past decade, yet volatile market conditions have halved its share price from its peak in November 2021. It is the best performing trust in the IT Global sector […]
By ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY, 25 June 2023: As storm clouds brew over the economy, it is hard at first to spy a silver lining. Interest rates were hiked to a 15-year high of five per cent by the Bank of England on Thursday, piling further pressure on millions of mortgage holders and […]
Investment trust insider on high yielding UK plays – James Carthew: Seven bargain yield plays left high and dry in rates rout Inflation is proving more stubborn than hoped and interest rates are continuing to climb. The Bank of England’s latest 50 basis point interest rate increase seems unlikely to be the last. The effect […]
James Carthew for Portfolio Adviser, 21 June 2023: For many years, there was a tendency among UK-based investment managers and financial advisers to overweight domestic stocks within client portfolios. As a result, we saw a proliferation of investment companies with a narrow focus on UK-listed businesses. Today, 54 investment companies have a listed UK equity […]
By Jean-Baptiste Andrieux, Reporter, Trustnet, 21 June 2023: Japan is back on investors’ radar after decades of being unloved, with the Nikkei 225 reaching a 33-year high this year. In addition, Japanese equities received Warren Buffett’s seal of approval when he visited Japan in April to announce that Berkshire Hathaway would increase its investment in […]
