Kathleen Gallagher, Investment Week, 12 April 2022: Since 2018, ten trusts gained approval to expand unquoted exposure, with one more due to vote on a proposal shortly. All these trusts are run by just two asset managers, Baillie Gifford and Fidelity International, and experts think there will only be a “handful” of more firms likely […]
Jennifer Hill, AIC Compass, 8 April 2022: Jennifer Hill analyses the sectors delivering robust returns. Russia’s invasion of Ukraine feels symbolic, not only of a marked change in the geopolitical landscape but also of a potential regime change in investing. With oil, gas, wheat and many metals soaring in price, already-stubborn inflation is likely to […]
Investment trust insider on Gore Street Energy Storage – James Carthew: High-yielding Gore Street shows the income appeal of batteries Energy security is in the headlines. The UK government’s much-criticised energy security strategy – for its failure to embrace onshore wind, acceptance of new gas fields and reliance on new nuclear despite our dismal record […]
Cherry Reynard from interactive investor, 6th April 2022: The management team of specialist private equity investment trust Chrysalis Investments Limited recently drew some unwelcome attention after its managers pocked a £60.5 million performance fee. The trust had seen a strong year, but this was equivalent to more than 8% of the FTSE 250 trust’s net […]
About a year ago, I wrote an article on biotech and said that I was minded to stick by my biotech and healthcare investments – Biotech Growth (BIOG), Worldwide Healthcare (WWH) and Syncona (SYNC). In retrospect, this doesn’t look like a great idea. Over the past 12 months, BIOG and SYNC’s shares are down by […]
ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY, 3 April 2022: You would think that a rising share price could only be good news for a company and its shareholders. But not always. In some cases shares can get so costly that it is difficult for new investors to buy in… To counter the problem of rocketing […]
Kathleen Gallagher, Investment Week, 28 March 2022: The board of the £309.2m Fidelity Japan trust is seeking approval to double its unlisted exposure from 10% to 20% at its AGM on 17 May. The announcement, made as part of the trust’s annual report released on 28 March, noted that at the end of last year […]
Eve Maddock-Jones, Trustnet, 25 March 2022: In the midst of ISA season, several fund pickers highlight a range of broad and specific emerging market portfolios to consider holding. Emerging markets are typically classed as a riskier investment versus developed market options such as the UK and the US, and this factor has only increased in […]
Investment trust insider on performance triggered tenders – James Carthew: Back to the drawing board Aberdeen India If I could devise and patent one simple and guaranteed way to tackle discounts on investment companies, I would probably make a fortune. I am not sure that such a thing exists, however. Over the years, boards have […]
James Carthew for Investment Week, 17 March 2022: In the run up to the end of 2021 and into the early part of 2022, investors’ attention was focused on the growing threat of interest rate rises as a way of combating inflation. That triggered a sharp rotation out of growth stocks. In the space of […]
