Eve Maddock-Jones, Investment Week, 05 October 2022: Investment trusts have been pushed to the widest discounts in years due to the abnormally high levels of market volatility and uncertainty. This includes not only closed-ended portfolios that have been running on a discount long-term, but portfolios that have historically run on significant premiums now being reduced. […]
By Val Cipriani, Investors’ Chronicle, October 6, 2022: Jonathan Ruffer’s all-weather philosophy of trying not to be wrong rather than attempting to be right used to sound thoroughly unexciting. Then 2022 came, and these days it feels like the best anyone can hope for. The team at the helm of Ruffer Investment Company (RICA) has […]
Investment trust insider on discount rates – James Carthew: Rising discount rates could make loan terms a problem for ‘alt’ funds Alternative assets have been the fastest growing part of the investment companies’ sector for many years now. At first, the real excitement was about hedge funds and funds of hedge funds (which largely came […]
By ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY, 2 October 2022: Making money from emerging markets is not easy. Even veteran investor Terry Smith, hailed as Britain’s Warren Buffett, has announced he is winding up his fund that operates in the region, because it has ‘underperformed expectations’… But these fund disappointments do not mean that emerging […]
Richard Williams, Investment Week, 30 September 2022: The sharp interest rate rises expected to follow the collapse in the value of the pound do not bode well for the real estate sector in the UK. Many of the REITs were already trading on large discounts to net asset value (NAV), in part due to the […]
By Tom Aylott, Reporter, Trustnet, 30 September 2022: Those holding UK trusts over the past decade could have seen a sizable return on their investment, with the IT UK Equity Income and IT UK All Companies sectors up 83.8% and 69.5% respectively, according to data from QuotedData. But it is the trusts in the IT […]
Jonathan Davis, editor of the Investment Trusts Handbook, is joined in this week’s edition of the Money Makers Weekly Investment Trust podcast by James Carthew, director of QuotedData; Colette Ord, Infrastructure and Renewable Energy analyst at Numis; and Justin Bell, Property Specialist at Numis. You can listen to this week’s two podcasts in full here. […]
Investment trust insider on VPC Speciality Lending – James Carthew: High-yield debt fund VPC looks too cheap even in these troubled times I think that there is a tendency amongst investors to view funds on very high yields with suspicion, reasoning that the opportunity is too good to be true. VPC Speciality Lending (VSL) could have […]
Eve Maddock-Jones, Investment Week, 26 September 2022: For the first time in the history of the FTSE 100, the index features four investment trusts: Scottish Mortgage, 3i, Pershing Square Holdings and F&C… All four trusts can count themselves as heavyweights of the closed-ended space, for different reasons. While F&C holds heritage, IT Global peer Scottish […]
By Dave Baxter, Investors’ Chronicle, September 23 2022: It’s testament to the sheer uncertainty of recent times that not a single UK investment trust has launched in the first eight months of 2022. That compares with 16 over the course of 2021 and six in an unpredictable 2020. Some analysts reckon it might even mark […]
