David Brenchley, December 19 2021, The Sunday Times A sharp rise in the cost of living will have forced many people to accept more risk in how they take investment income in retirement. To ensure that their income keeps pace with their spending, many will be looking for investments that yield more than the present […]
By Sam Benstead, Daily Telegraph, 16 December 2021 Polar Capital Technology gives investors access to the world’s best companies for a knock-down price. When we tipped Polar Capital Technology Trust in 2018, we praised its “experienced and respected management team” and said its “uncharacteristically wide” discount of 6pc made it a clear buy. Three years […]
By Eve Maddock-Jones, Reporter, Trustnet, 16 December 2021 Trustnet looks at which European investment trusts are trading below their five-year average discount/premium level and which ones are running well ahead of the norm… The European market has been a strong performer over the long term, with the MSCI Europe index generating returns of 147.9% over […]
Kyle Caldwell, interactive investor, 15 December 2021 Some trusts have seen premiums cool, while others are trading on potentially unjustly wide discounts. The pick-up in market volatility of late, amid concerns over rising inflation levels and the emergence last month of the Omicron variant, has led to a welcome increase in potential investment trust discount […]
James Carthew, Investment Week, 14 December 2021 Picking winners for next year is hard as, if Omicron turns out to be mild, we will be back to a faster growth, inflationary economy with possible rate rises and perhaps another leg up for value stocks. Alternatively, if we lose another winter to lockdowns, investors will be […]
JAMES CARTHEW explores when and why boards choose to change their fund manager. In my opinion, one of the greatest strengths of the investment companies industry is its system of governance. Boards of independent directors work for and on behalf of investors. Boards’ ability to fire underperforming managers helps to keep these managers on their […]
By Jessica Tasman-Jones, 14 Dec 21 The Lindsell Train Investment Trust has bagged its managers £14.5m in performance fees over a decade by comparing the stellar performance of its equities portfolio to a benchmark linked to UK government bonds, analysis by Portfolio Adviser reveals. LTIT’s interim results this month revealed the investment trust could fail to earn any […]
By ANNE ASHWORTH FOR THE DAILY MAIL 10 December 2021 The word ‘infrastructure’ carries a suggestion of solidity at an uneasy time. This is one of the reasons for the upsurge of interest in the sector, which encompasses bridges, hospitals, roads and schools, but also renewable energy generators and the data centres, fibre-optic networks and mobile […]
By Eve Maddock-Jones, Reporter, Trustnet, 10 December 2021 Trustnet continues its study into which trusts have the most inflated valuations and biggest discounts relative to their five-year average, this time focusing on Japanese investment trusts. Japan has been one of the most marmite markets over the past two years, topping the charts in 2020 only to […]
7th December 2021 by Kyle Caldwell from interactive investor There are various tools a board can use in an attempt to boost demand for shares. Here are some examples. When an investment trust is persistently out of favour, its board can spring into action in an attempt to tackle its discount… Change at the top In a […]
