EP Global Opportunities will become one of the few remaining self-managed investment trusts By Jessica Tasman-Jones, Portfolio Adviser, 25 Oct 21 The EP Global Opportunities investment trust is planning to ditch its third-party management arrangement with Franklin Templeton Investments subsidiary, Edinburgh Partners, and become self-managed with veteran investor Sandy Nairn continuing to manage the value-oriented portfolio. […]
Turn net zero into net profit! By ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY 23 October 2021 As we prepare for a winter of sky-high energy prices, the question of how to heat our homes is understandably on many of our minds. It is a major issue for the Government, too. The country’s housing stock is old […]
JPMAM set to nab the only portfolio of investment trust veteran Alasdair McKinnon By Jessica Tasman-Jones, Portfolio Adviser, 20 Oct 21 The proposed end to the £590.7m Scottish Investment Trust has been called a “sad day” for nostalgists as the board calls for the merger of one of the UK’s oldest investment companies with JP […]
By Gavin Lumsden, Citywire Investment Trust Insider, 19 Oct, 2021 at 16:39 Fidelity’s coup in winning the £1bn mandate to run the former Genesis Emerging Markets has hit a bump with 85% of the investment trust’s shareholders voting to cash in their shares yesterday. Fidelity will still hang on to three quarters of the trust’s assets as […]
Oversubscribed with 85.1% electing to tender Kathleen Gallagher, Investment Week, 19 October 2021 In a stock exchange announcement today (19th October) the board trust said the 25% tender offer at a 2% discount to NAV was oversubscribed with £103.3m, representing 85.1% of shares in issue electing to tender. Fidelity Investment Management recently took over the […]
Investment trust insider on Japan – Happy 40th birthday Baillie Gifford Japan! Baillie Gifford Japan (BGFD) is about to celebrate its 40th birthday, having been launched on 1 December 1981. It was something of a trailblazer in the sector. JPMorgan Japanese (JFJ) was incorporated earlier than BGFD, but it didn’t adopt a Japanese strategy until […]
by Faith Glasgow from interactive investor 15th October 2021 The UK equity income investment trust sector proved a wise choice for income investors during the pandemic. At a time when businesses were struggling and dividends were being cut or suspended, trusts could draw on the revenue reserves built up over the years to continue payouts to investors. […]
Merkel gone; Macron facing elections; Shares still lagging behind US By ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY PUBLISHED: 16 October 2021 With gaps in food shelves, an energy crisis and rising inflation, it has been hard to look away from UK news in recent weeks. But those who have also kept an eye on our Continental […]
The popularity of alternative trusts stems from the stronger ESG focus and the suitability of their structure By Portfolio Adviser, 14 Oct 21, Jayna Rana QuotedData The growth of investment companies targeting alternative assets is one of the biggest trends the industry has experienced for almost two decades.. At 31 August 2021, some two-fifths (39%) of […]
Trustnet asked fund pickers what to hold alongside one of the most popular sustainable funds, Royal London Sustainable World Trust. 13 October 2021 By Eve Maddock-Jones, Reporter, Trustnet Royal London Sustainable World Trust is one of the most popular options for sustainable investing, recent research by Trustnet found, but what should investors be holding alongside it? Last […]
