David Brenchley, The Times, June 1 2023: On Monday the chipmaker Nvidia became a trillion-dollar company… Nvidia’s share price is up 164 per cent this year alone. The company said last week that demand for its graphics processors, needed to train AI systems, would bring in $11 billion of revenue in the three months to […]
By Val Cipriani, Investors’ Chronicle, June 1, 2023: Investment trusts are announcing below-inflation dividend increases, making it more difficult for investors to maintain the real value of their income – although some might be able to catch up in 2024 or 2025. Last week, core infrastructure trust HICL Infrastructure (HICL) said it intends to maintain […]
Investment trust insider on mergers – The direct lending fund that should be expanding, not shrinking or disappearing Another investment company bites the dust as CT Property Trust (CTPT) becomes the latest to announce it is on the receiving end of a bid. This time, unlike Civitas (CSH) where I continue to think shareholders should […]
Investment trust insider on Japan activists – James Carthew: Activists in Japan make the future Last week’s big surprise was the announcement of a proposed merger between Abrdn Japan (AJIT) and Nippon Active Value (NAVF). This is by no means a done deal, shareholders of both trusts will need to approve the proposal, and I […]
Eve Maddock-Jones, Investment Week, 19 May 2023: The end of quantitative easing and the return of interest rates has been a catalyst for investing in financials, with traditional banks benefiting “almost immediately”. Speaking to Investment Week, Sebastiano Pirro, chief investment officer, Algebris Investments, said banks had been “under construction” for the past 15 years following […]
By Tom Aylott, Reporter, Trustnet 19 May 2023: Those investing in trusts for a source of income may consider strong dividend growth as a sign that managers have consistently upped their payouts over a long time, but the data can be misleading. QuotedData found the 10 portfolios that increased their pay-outs the most over the […]
Investment trust insider on shed investors – Richard Williams: Property analyst Richard Williams picks out one undervalued real estate investment trust that looks attractive as bids and mergers sweep the commercial property sector. Recent bids for real estate investment trusts (Reits) at more than 40% premiums to prevailing share prices should have been a much-needed […]
by Jennifer Hill from interactive investor, 10 May 2023: Eight investment trusts have half a century or more of increasing payouts to investors but deeper analysis is required to ascertain their true income prowess, reports Jennifer Hill… But dividend growth alone does not make a trust the best home for income seekers’ capital. A deeper […]
Investment trust insider on Triple Point Energy Transition – James Carthew: Small TENT’s big discount, high yield looks unfair Last week I talked to the management team of Triple Point Energy Transition (TENT). The investment trust is less than three years old, but investors seem to have lost patience with progress and the shares trade […]
By JANE DENTON and MIKE SHEEN FOR THIS IS MONEY, 9 May 2023: Civitas Social Housing has agreed to be snapped up by Wellness United Limited, a wholly-owned subsidiary of CK Asset Holdings, in a £485million deal. London-listed investment trust Civitas aims to provide investors with income and the potential for capital growth from investing […]
