Surviving the investment trust shake-up By Dave Baxter Investors Chronicle, 7 Aug 2020 A ‘Darwinian’ process of corporate action and shareholder scrutiny has long prevented the UK’s investment trust universe from getting bloated. The sector consisted of just 395 closed-ended funds at the end of June, according to Association of Investment Companies (AIC) data. By contrast, UK […]
Tech trust plans to issue new shares to keep lid on premium by Kyle Caldwell from interactive investor | 13th August 2020 13:32 Allianz Technology Trust (LSE: ATT) is seeking shareholder approval to increase the number of new shares it can issue to keep its premium under control. The trust, managed by Walter Price, has put in a strong showing so […]
Investment trust insider on Weiss Korea – James Carthew: Korean trust proves a coronavirus winner One of this year’s winners has been Weiss Korea Opportunity Fund (WKOF), whose shares are up 20% this year. The fund’s benchmark is the MSCI South Korea 25/50 Index. Within the index, exposure to the largest stock is capped at 25% […]
James Carthew on TR Property – James Carthew: Think there’s upside to property woes? Try this trust Retail property companies are struggling to survive and the jury is out on how prolonged the slump in demand for offices will be. We are some way away from knowing the full impact of Covid-19 on our economy. It […]
Investment trust insider on resources – James Carthew: New City trio rides infrastructure rally As QuotedData compiled the performance statistics for July an unexpected pattern emerged. Commodities and natural resources funds were leading the performance tables, we noticed. To some extent they we were playing catch up, having lagged the rally in markets since the lows […]
Investment trust insider on Polar Capital Global Financials – James Carthew: here’s a good yield while banks recover Thanks to dividend cuts, fears of soaring bad debts and, for a couple of them, political strife in Hong Kong, UK-listed banks have been poor performers in 2020. Globally, the MSCI Banks index has tumbled 26% in sterling […]
New addition to Prudent 15 list – Ecofin You can find out more about my Dynamic 35 and Prudent 15 lists here at Sharepad –https://knowledge.sharescope.co.uk/david-stevenson/ Adventurous Investor, 31 July 2020 Ecofin Global Utilities and Infrastructure Trust (EGL) I do not think it is unfair to say that over the last decade we have seen […]
Bargain Hunter: cheapest equity investment trusts revealed by Kyle Caldwell from interactive investor | 4th August 2020 12:53 Research in the equity investment trust universe highlights the biggest potential bargains… Research for interactive investor by QuotedData screened the equity investment trusts with assets of at least £10 million for potential bargains. The data (as at 3 August) shows some trusts […]
Investment trust insider on ESG – James Carthew: ESG? Riverstone, you’re having a laugh Riverstone Energy (RSE) has just announced a deal whereby it, and other funds managed or advised by its investment manager, will refinance Enviva, a leading player in the manufacture of wood pellets. The pellets are burnt in power stations (like the UK’s […]
Thirsty for income? Here’s how to find a cash oasis in the dividend desert and position your portfolio By ROSIE MURRAY-WEST FOR THE MAIL ON SUNDAY PUBLISHED: 22:26, 25 July 2020 | UPDATED: 10:15, 26 July 2020 Obtaining a nice, safe income stream used to be one of the main reasons for becoming an equity investor. But not any longer. […]
