Valeria Martinez, Investment Week, 13 March 2024: With tentative signs of life in the IPO market and the potential for capital returns on the table, Chrysalis Investments appears to be navigating a turnaround after enduring over two years of turbulence. The £820m trust is due to face its first continuation vote at the upcoming annual […]
By Jean-Baptiste Andrieux, Reporter, Trustnet, 13 March 2024: Technology has richly rewarded investors since the global financial crisis of 2008 and, more recently, developments in artificial intelligence (AI) have led to surge in US mega-cap tech stocks. As beneficiaries of the tech boom and AI exuberance, Allianz Technology Trust and Polar Capital Technology Trust were […]
Investment trust insider on renewables – James Carthew: ‘Buy’ great opportunities in run-down renewables Last month’s rise in US inflation knocked UK renewables funds, which I was happy to exploit. Don’t be surprised if we see bids in the sector. February was an odd month for markets and the main culprit was stronger-than-expected US inflation […]
In this week’s edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, talks to James Carthew, director of QuotedData. You can listen to this week’s two podcasts in full here. Alternatively, you can subscribe and download it on most podcast channels including Soundcloud, Apple, Spotify, Stitcher and others.
by Dave Baxter, Investors Chronicle, March 8, 2024: With its latest trading update unveiling a fifth straight annual loss, unquoted buy now, pay later business Klarna embodies some of the problems facing racy growth companies in recent times. Once seen as a promising name, the lender has struggled in the face of rising rates and […]
By Matteo Anelli, Senior reporter, Trustnet, 07 March 2024: Premiums are rare in the investment trusts industry, which suffers from chronic discounts, but there are still some trusts that have caught investors’ eyes and garnered traction over the past five years, according to data from QuotedData. Earlier this morning, we looked at the trusts that […]
By Matteo Anelli, Senior reporter, Trustnet, 07 March 2024: In the investment trusts universe wide discounts are often linked to higher long-term returns – and the data backs up this hypothesis. Since 2018, investing in trusts with a double-digit discount have returned an annualised 13.6% in the following five years, a recent study by the […]
Lauren Hardy, PORTFOLIO ADVISER, 05 MARCH 2024: Investors in Hipgnosis Songs Fund (SONG) have lost more than £1.2bn over the 12 months to the 4 March 2024, with its share price having collapsed by 65% from £1.61 to 56p over the period. This comes following an appraisal conducted by Shot Tower Capital published yesterday (4 […]
By Emma Wallis, News editor, Trustnet, 28 February 2024: Pershing Square Holdings has a history of headline-grabbing derivatives trades that have delivered billions of dollars in profit, a track record of top-quartile performance over one, three and five years, and a star manager in US hedge fund veteran Bill Ackman. Yet the UK’s third-largest investment […]
by Val Cipriani, Investors Chronicle, February 27, 2024: The past two years have been tough for the four investment trusts that promise to deliver a degree of capital growth but with a focus on wealth protection, regardless of how financial markets perform. Ruffer Investment Company (RICA) and RIT Capital Partners (RCP) have had particular difficulties, […]
