by Kyle Caldwell from interactive investor, 31st July 2024: For about 18 months, there’s been no shortage of investment trust bargain opportunities, with the average trust discount typically trading at around -15%.. For this article, we asked QuotedData, the investment trust analyst, to crunch the numbers to reveal which trusts have bucked the trend and […]
Eve Maddock-Jones, Investment Week, 31 July 2024: JP Morgan has decided to merge two of its Japanese equity-focused investment trusts into one all-cap portfolio. The respective boards of the Japan Small Cap Growth & Income (JSGI) and Japanese (JFJ) trusts have agreed to a merger, whereby the former’s assets will roll into the latter. Under […]
Tom Aylott, Portfolio Adviser, 31 JULY 2024: JPMorgan Japan Small Cap Growth & Income will be merged into the JPMorgan Japanese Investment Trust, boosting the portfolio’s assets under management (AUM) to £1bn.. Alexa Henderson, chair of the JPMorgan Japan Small Cap trust, said the board had “considered a number of possible alternatives” to solve this […]
by Jennifer Hill from interactive investor, 30th July 2024: In some cases, having a high yield can come at the cost of overall total returns, but it’s not always the case: certain funds allow investors to have their cake and eat it. Greencoat UK Wind The trust boasts a share price total return of 129.2% […]
Investment trust insider on rebuilding Britain – James Carthew: Trusts must invest capital, not buy back shares forever New regulation could narrow share price discounts, allowing trusts to reallocate capital into areas that need it, such as infrastructure and private British companies. Post the election, a sense of optimism is emerging in the UK. For […]
Cherry Reynard, Portfolio Adviser, 23 JULY 2024: It has been the busiest year on record for investment trust corporate activity, culminating in the creation of the giant Alliance-Witan at the end of June. Much of the merger activity has been concentrated in ‘distressed’ sectors, such as property and China, but the merger of these two […]
By James Baxter-Derrington, The Telegraph, 22 July 2024: Surviving an assassination attempt has likely propelled Donald Trump into a second term in the White House, but investors would be foolish to think any knowledge of his first term could prepare them for the next. Experts predict that Mr Trump will likely become the second president […]
Investment trust insider on the Trump-effect on emerging markets – James Carthew: A Trump win won’t thump all emerging markets If Donald Trump is re-elected as US president it is likely to be unhelpful for emerging markets, but countries, businesses and fund managers will navigate the inevitable gyrations. Recent events have increased expectations of a […]
Valeria Martinez, Investment Week, 22 July 2024: This October marks four years since Home REIT debuted on the London Stock Exchange. Typically, that would be a milestone to celebrate, if it were not for the fact that shareholders have been unable to trade its shares for nearly half of that time. After two rocky years […]
by Val Cipriani, Investors Chronicle, July 17, 2024: Baillie Gifford has dialled down the risk in its global investment trust, Monks Investment Trust (MNKS), in an attempt to turn around poor numbers – but all of the company’s global strategies are still some way off recovering from the 2022 rout. Despite posting better numbers in […]
