Christian Mayes, PORTFOLIO ADVISER, 20 MARCH 2024: Abrdn Property Income Trust’s (API) sale of two assets at book value ‘casts doubt’ on the merits of its proposed merger with Custodian, according to QuotedData analysts. In a stock exchange announcement this morning (20 March), the trust announced the sale of two properties for a combined £16.6m, […]
Cristian Angeloni, Investment Week, 20 March 2024: abrdn Property Income (API) trust has agreed the sale of two of its assets for a total price of £16.5m – a 0.3% discount to the December 2023 valuation. In a stock exchange filing today (20 March), API said contracts have been exchanged for the sale of 15 […]
by Dave Baxter, Investors Chronicle, March 19, 2024: While far from universally popular among investors, dividend cuts can sometimes be a blessing in disguise. They can drive share prices down to attractive levels while also allowing companies to put cash to better use. This is a premise that can feed into how some funds are […]
Investment trust insider on JPMorgan Indian – James Carthew: JPMorgan Indian off the boil as India reaches melting point Last month’s comfortably passed continuation vote belies years of underperformance by this trust. Its two mid-cap rivals look better even if India’s financial regulator worries about hot money. When I last wrote about India in October […]
by Kyle Caldwell, from interactive investor, 18th March 2024: The plan announced by Scottish Mortgage at the end of last week to make at least £1 billion available to buy back its own shares over the next two years was warmly welcomed, causing its share price to rise by 5.3% on 15 March. Buying back […]
By Emma Wallis, News editor, Trustnet, 15 March 2024: Jefferies has given the Scottish Mortgage Investment Trust a buy rating while Numis Securities’ Ewan Lovett-Turner believes it “warrants a place in portfolios for its unique mandate focused on companies that have the potential to deliver exceptional growth,” after the trust’s commitment to investing at least […]
By Matteo Anelli, 18 March 2024, Senior reporter, Trustnet: Discount opportunities abound in the investment trusts universe, where 31% of portfolios with at least a five-year track record are now trading at double-digit discounts. But that doesn’t mean that all of them make a great investment opportunity and discerning between the good and the bad […]
Tom Aylott, PORTFOLIO ADVISER, 14 MARCH 2024: Trusts investing in renewables and infrastructure were high in demand a few years ago when the runway for growth was seemingly endless, but it has been quite a different story over the past couple of years. Five years ago, infrastructure trusts were trading on an average premium to […]
by Val Cipriani, Investors Chronicle, March 14, 2024: Global investment trust giant Alliance Trust (ATST) could face headwinds if the market’s enthusiasm for the so-called Magnificent Seven stocks were to cool down, analysts have warned. But the trust’s recent outperformance was also propelled by strong stockpicking in other areas of the market. Alliance’s shares returned […]
by Val Cipriani, Investors Chronicle, March 13, 2024: When picking a fund, you should always look under the bonnet at how the portfolio differs from the benchmark and which stocks the managers are betting big on. Comparing the portfolio positionings of a range of funds gives us an idea of which stocks are currently in […]
