Investment trust insider on Russia – James Carthew: What Russia’s Ukraine war means for trusts The war in Ukraine is having far-reaching consequences for the global economy and the investment companies market. None of us has a clear picture of how this will play out. Recently, Abrdn held a useful online discussion on different scenarios. […]
Trustnet asks fund pickers which aggressive portfolios deliver steady returns in the long-run By Eve Maddock-Jones, Reporter, Trustnet, 2 March 2022: Market volatility is expected to stay higher for longer and for the bolder investors there are several more adventurous options for delivering consistent returns long-term. The past few months have been tough for investors, […]
By Gavin Lumsden, Nicole Piper, Citywire Investment Trust Insider, 01 Mar, 2022: Battered JPMorgan Russian (JRS) shares have sunk another 23% after index provider MSCI declared Russia was ‘uninvestable’ and a second director resigned from the board of the single-country fund. Ashley Dunster, a former Capital Group fund manager in the US who had been a non-executive director since […]
Gavin Lumsden, Citywire Investment Trust Insider, 25 Feb, 2022: Discounts widen: Russia’s shocking invasion of Ukraine has caused extreme volatility in stock markets, with the FTSE 100 today recovering 3.7% after plunging a similar amount yesterday. Investment trust share prices fell and leapt in almost equal measure, although the deep uncertainty saw their average share […]
Gavin Lumsden, Citywire Investment Trust Insider, 24 Feb, 2022: JPMorgan Russian Securities (JRS) is, perhaps not surprisingly, today’s biggest investment trust faller, sliding 20% to 459p, just above its March 2020 pandemic low. Shares in the £232m closed-end fund managed by Oleg Biryulyov and Habib Saikaly, the only London-listed Russian specialist, had before today fallen […]
Investment trust insider on discount rates – James Carthew: Inflation fears weigh on some income trusts Recent market turmoil has affected the ratings of a number of funds. Within my portfolio, one of the more peculiar de-ratings is that of Hipgnosis Songs Fund (SONG), which now looks to trade on an 8% discount to net […]
By Eve Maddock-Jones, Reporter, Trustnet, 24 February 2022: Trustnet asks fund pickers which portfolios deliver steady returns in the long-run without taking on huge risk. The opening weeks of 2022 have tested investors resilience to volatility in a way many have not experienced before. Equity markets in particular have struggled, facing the joint headwinds of […]
Private equity trusts have posted stellar returns in 2020 and 2021, but a new environment poses new challenges By Dave Baxter, Investors Chronicle, February 21, 2022: The persistent share price discounts on which most private equity investment trusts still trade have tended to disguise a sector in rude health. That was particularly the case in […]
Going underground: Reliable income is a target for many investors By ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY 19 February 2022: For many investors, a reliable income stream from dividends is the Holy Grail. At present that grail is largely composed of copper, gold, and even vanadium – as much of the dividend growth from the […]
These trusts have seen their premiums vanish since the start of the year as growth shares lost ground. Kyle Caldwell from interactive investor 17th February 2022: Given all the volatility in the first six weeks of 2022, a surprising statistic is that the number of equity investment trusts trading on a premium to their net […]
