Investment trust insider on JPMorgan Global Emerging Markets Income – James Carthew: JPMorgan’s emerging markets income trust basks in the spotlight Back in July 2010 JPMorgan launched its Global Emerging Markets Income (JEMI) trust. Its performance was good for a few years and it tended to trade at a premium to net asset value (NAV). […]
By Jessica Tasman-Jones, Portfolio Adviser, 1 Nov 21 Alliance Trust is increasing dividends by almost a third after seeking court approval to shuffle its merger reserves into distributable reserves. The board of the £3.2bn investment trust revealed in its half-year results in July that it would be reviewing dividend payments. Covid’s effects on the courts system […]
Investment trust insider on two new infrastructure funds – James Carthew: Alinda, Pantheon are good additions to booming infrastructure Governments around the world see infrastructure investment as a way of injecting new life into their economies in the wake of the disruption of the pandemic. Couple that with the investment needed to meet their promises […]
EP Global Opportunities will become one of the few remaining self-managed investment trusts By Jessica Tasman-Jones, Portfolio Adviser, 25 Oct 21 The EP Global Opportunities investment trust is planning to ditch its third-party management arrangement with Franklin Templeton Investments subsidiary, Edinburgh Partners, and become self-managed with veteran investor Sandy Nairn continuing to manage the value-oriented portfolio. […]
Turn net zero into net profit! By ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY 23 October 2021 As we prepare for a winter of sky-high energy prices, the question of how to heat our homes is understandably on many of our minds. It is a major issue for the Government, too. The country’s housing stock is old […]
JPMAM set to nab the only portfolio of investment trust veteran Alasdair McKinnon By Jessica Tasman-Jones, Portfolio Adviser, 20 Oct 21 The proposed end to the £590.7m Scottish Investment Trust has been called a “sad day” for nostalgists as the board calls for the merger of one of the UK’s oldest investment companies with JP […]
By Gavin Lumsden, Citywire Investment Trust Insider, 19 Oct, 2021 at 16:39 Fidelity’s coup in winning the £1bn mandate to run the former Genesis Emerging Markets has hit a bump with 85% of the investment trust’s shareholders voting to cash in their shares yesterday. Fidelity will still hang on to three quarters of the trust’s assets as […]
Oversubscribed with 85.1% electing to tender Kathleen Gallagher, Investment Week, 19 October 2021 In a stock exchange announcement today (19th October) the board trust said the 25% tender offer at a 2% discount to NAV was oversubscribed with £103.3m, representing 85.1% of shares in issue electing to tender. Fidelity Investment Management recently took over the […]
Investment trust insider on Japan – Happy 40th birthday Baillie Gifford Japan! Baillie Gifford Japan (BGFD) is about to celebrate its 40th birthday, having been launched on 1 December 1981. It was something of a trailblazer in the sector. JPMorgan Japanese (JFJ) was incorporated earlier than BGFD, but it didn’t adopt a Japanese strategy until […]
by Faith Glasgow from interactive investor 15th October 2021 The UK equity income investment trust sector proved a wise choice for income investors during the pandemic. At a time when businesses were struggling and dividends were being cut or suspended, trusts could draw on the revenue reserves built up over the years to continue payouts to investors. […]
