No shortage of targets AVI Global Trust (AGT) offers a distinct investment proposition from its peers, focusing on opportunities to extract value from undervalued companies where structural reform could potentially unlock value. The weighted average discount on the underlying portfolio is close to historically wide levels, reflecting a number of opportunities that the manager has […]
No shortage of targets AVI Global Trust (AGT) offers a distinct investment proposition from its peers, focusing on opportunities to extract value from undervalued companies where structural reform could unlock value. The weighted average discount on the underlying portfolio is close to historically wide levels, reflecting a number of attractive opportunities that the manager has […]
Asian income without the need to compromise on growth JPMorgan Asia Growth and Income (JAGI) has a long-term track record of outperforming its benchmark, which is consistent with its focus on maximising long-term total returns. In February 2025, the trust introduced a new dividend policy, which enhances income even further. The manager says this does […]
Asian income without compromising on growth JPMorgan Asia Growth and Income (JAGI) has a solid long-term track record of outperformance of its benchmark (the MSCI All Countries Asia ex Japan index), helped by its focus on maximising long-term total returns. In February 2025, the trust introduced an even more enhanced dividend policy, that delivers an […]
Asian income without compromising on growth JPMorgan Asia Growth and Income (JAGI) has a solid long-term track record of outperformance of its benchmark, helped by its focus on maximising long-term total returns. In February 2025, the trust introduced an even greater enhanced dividend policy, that delivers an attractive level of income without compromising on the […]
Fuel for (AI powered) thought Pantheon Infrastructure’s (PINT) portfolio is focused on areas of secular growth. It helps both enable and take advantage of technological progress and global connectivity. It is also supporting the shift towards more sustainable energy generation. The success of its approach is particularly evident in the area of data centres – […]
Fuel for (AI-powered) thought Pantheon Infrastructure’s (PINT) portfolio is focused on areas of secular growth. It helps both enable and take advantage of technological progress and global connectivity. It is also supporting the shift towards more sustainable energy generation. The success of its approach is particularly evident in the area of data centres – the […]
Strategic refresh Foresight Environmental Infrastructure (FGEN) has set out its strategic focus over the medium term that will centre on core renewable energy generation assets. This will see it sell its growth assets once operations have ramped up and valuation maximised. This will provide the company with capital allocation flexibility and allow it to invest […]
Strategic refresh Foresight Environmental Infrastructure (FGEN) has set out its strategic focus over the medium term that will centre on core renewable energy generation assets. This will see it sell its growth assets once operations have ramped up and valuation maximised. This will provide the company with capital allocation flexibility and allow it to invest […]
Strategic refresh Foresight Environmental Infrastructure (FGEN) has set out its strategic focus over the medium term that will centre on core renewable energy generation assets. It will look to sell its growth assets once operations have ramped up and valuation maximised, which it hopes will provide the company with capital allocation flexibility and allow it […]
July Monthly | Investment companies Winners and losers in June 2025 In a continuation of May’s relative recovery from the effects of the US’ ‘liberation day’ tariffs, technology stocks led the pack of best performers. A renewed optimism for AI stocks contributed to rises for indices such as the S&P500 and the Nasdaq Composite, which […]
The outbreak of war between Israel and Iran, the US intervention, and the subsequent ceasefire dominated headlines but appeared to have only very temporary effects on markets and oil prices. Amid heightening geopolitical uncertainty, June saw the Federal Reserve navigate carefully between growth support and inflation control during key policy meetings. The Trump administration proposed […]
Winners and losers in June Best performing funds in price terms Best performing funds in price terms (%) Warehouse REIT 12.3 Life Science REIT 9.9 CLS Holdings 9.9 IWG 8.4 Henry Boot 8.0 Harworth Group 7.8 Safestore 7.8 AEW UK REIT 7.3 Empiric Student Property 6.6 Regional REIT 6.3 Source: Bloomberg, Marten & Co At […]
Cautiously positioned in volatile markets In times of market turmoil, it is only natural that investors would look closer at trusts such as Capital Gearing Trust (CGT), which seeks to avoid losing shareholders’ money. As we show on page 3, it has done a great job of achieving this over more than four decades, with […]
Cautiously positioned in volatile markets In times of market turmoil, it is only natural that investors would look closer at trusts such as Capital Gearing Trust (CGT), which seeks to avoid losing shareholders’ money. As we show on page 3, it has done a great job of achieving this over more than four decades, with […]
Cautiously positioned in volatile markets In times of market turmoil, it seems reasonable that some investors may wish to take a closer look at trusts such as Capital Gearing Trust (CGT), which aims to preserve shareholders’ capital. As we show on page 3, it has a consistent record of achieving this objective over more than […]
Enriched prospects A commitment to quadruple nuclear generating capacity in the US, made by President Donald Trump in a series of executive orders signed at the end of May, has provided a significant and much-needed boost to the uranium sector, in which Geiger Counter (GCL) invests. A number of uranium stocks rose by double figures […]
Enriched prospects A commitment to quadruple nuclear generating capacity in the US, made by President Donald Trump in a series of executive orders signed at the end of May, has provided a significant and much-needed boost to the uranium sector, in which Geiger Counter (GCL) invests. A number of uranium stocks rose by double figures […]
Enriched prospects? A commitment to quadruple nuclear generating capacity in the US, made by President Donald Trump in a series of executive orders signed at the end of May, has been followed by in a notable increase in activity in the uranium sector, in which Geiger Counter (GCL) invests. A number of uranium stocks rose […]
Feeling energised The strong recent performance of Ecofin Global Utilities and Infrastructure Trust (EGL) has continued into 2025. Despite market volatility, manager Jean-Hugues de Lamaze delivered 7.1% net asset value (NAV) total return growth for the six months to 31 May. This was well ahead of the two most relevant utilities and infrastructure indices, as […]
Feeling energised The strong recent performance of Ecofin Global Utilities and Infrastructure Trust (EGL) has continued into 2025. Despite market volatility, manager Jean-Hugues de Lamaze delivered 7.1% NAV growth for the six months to 31 May. This was ahead of the two most relevant utilities and infrastructure indices, as well as UK equities, and slightly […]
Feeling energised The strong recent performance of Ecofin Global Utilities and Infrastructure Trust (EGL) has continued into 2025. Despite market volatility, manager Jean-Hugues de Lamaze delivered 7.1% NAV total return growth for the six months to 31 May. This was well ahead of the two most relevant utilities and infrastructure indices, as well as UK […]
Designed to navigate a world in flux Global Opportunities Trust (GOT) has a distinctive, carefully considered, flexible, go-anywhere investment approach that has done a good job of delivering positive NAV returns over the medium-to-long term, while holding up relatively well in periods of market downturns. The management team believes that the forces that drove markets […]
Designed to navigate a world in flux Global Opportunities Trust (GOT) has a distinctive, flexible, go-anywhere investment approach that has delivered positive NAV returns over the medium-to-long term and demonstrated resilience during periods of market downturns. The management team considers that factors supporting market growth over the three decades leading up to 2020 are diminishing […]
Designed to navigate a world in flux Global Opportunities Trust (GOT) has a distinctive, carefully considered, flexible, go-anywhere investment approach that has done a good job of delivering positive NAV returns over the medium-to-long term, while holding up relatively well in periods of market downturns. The management team believes that the forces that drove markets […]
June Monthly | Investment companies Winners and losers in May 2025 A number of sectors made good progress over May as markets continued their recovery from April’s tariff-related sell-off. Leading the charge in May was the Financials & Financial Innovation sector, where Augmentum Fintech’s discount narrowed from an overly wide level. Technology & Technology Innovation […]
Winners and losers in May 2025 Best performing funds in price terms Best performing funds in price terms (%) Hammerson 12.0 Real Estate Investors 10.2 Urban Logistics REIT 9.8 Great Porland Estates 9.2 Shaftesbury Capital 8.3 Land Securities 6.8 Supermarket Income REIT 5.8 Empiric Student Property 5.7 TR Property Investment Trust 5.7 Value & Indexed […]
In the United States, May 2025 saw a robust rebound in equities, with the S&P 500 surging 6.2%, its best May performance since 1990. However, it was another month of rising Treasury yields and a falling dollar. The two generally move in the same direction, so this could be construed as a sign that investors […]
Turning tariffs into opportunity: MTE’s edge In an environment of heightened volatility triggered by Trump’s tariff policies, European stocks have actually fared relatively well. Germany’s plans to boost defence and infrastructure spending, coupled with falling interest rates, helped create more positive sentiment towards the region. Montanaro European Smaller Companies’s (MTE’s) high-conviction portfolio of good-quality growth […]
Turning tariffs into opportunity: MTE’s edge In an environment of heightened volatility triggered by Trump’s tariff policies, European stocks have actually fared relatively well. Germany’s plans to boost defence and infrastructure spending, coupled with falling interest rates, helped create more positive sentiment towards the region. Montanaro European Smaller Companies’s (MTE’s) high-conviction portfolio of good-quality growth […]
