In December, the post-election uplift in US stock markets came to a juddering halt as, alongside another 0.25% interest rate cut, the Federal Reserve sounded a note of caution on its outlook for 2025. However, the Dow Jones Global Technology Index posted gains, as investors continued to back the AI story that was the main […]
Winners and losers in December 2024 Best performing funds in price terms (%) Alpha Real Trust 55.9 Alternative Income REIT 4.4 AEW UK REIT 3.7 PRS REIT 3.7 Life Science REIT 3.5 Schroder REIT 1.8 Ground Rents Income Fund 0.9 Palace Capital 0.9 abrdn European Logistics Income 0.3 Henry Boot 0.0 Source: Bloomberg, Marten & […]
Protect your investment – get out and vote On 18 December 2024, CQS Natural Resources Growth and Income (CYN) received a requisition notice from a nominee of Saba Capital Management LP (Saba) requiring it to convene a general meeting for shareholders to consider resolutions proposed by Saba to remove the existing completely-independent board of non-executive […]
Protect your investment – get out and vote On 18 December 2024, CQS Natural Resources Growth and Income (CYN) received a requisition notice from a nominee of Saba Capital Management LP (Saba) requiring it to convene a general meeting for shareholders to consider resolutions proposed by Saba to remove the existing completely-independent board of non-executive […]
Discount at odds with growth plans A negative reaction to the UK budget sent gilt rates higher and saw investor caution return to real estate stocks. The recent share price weakness that followed this has seen Urban Logistics REIT’s (SHED’s) discount widen to more than 30%, which is at odds with the sector fundamentals and […]
Discount at odds with growth plans A negative reaction to the UK budget sent gilt rates higher and saw investor caution return to real estate stocks. The recent share price weakness that followed this has seen Urban Logistics REIT’s (SHED’s) discount to net asset value (NAV) widen to more than 30%, which is at odds […]
Discount at odds with growth plans? A negative reaction to the UK budget sent gilt rates higher and saw investor caution return to real estate stocks. The share price weakness that followed this has seen Urban Logistics REIT’s (SHED’s) discount widen to more than 30%, which the adviser says is at odds with the sector […]
In this week’s show, James Carthew and Andrew McHattie from Investment Trust Newsletter reviewed the investment companies sector in 2024. If there is a guest speaker you’d particularly like to hear from, please email Eiman. Additionally, if you would prefer to watch and ask questions live, please join us on YouTube every Friday at 11am.
Virtues of diversification Ecofin Global Utilities and Infrastructure Trust (EGL) has continued to generate impressive returns despite broader macro-economic challenges which include stubborn inflation, rising geopolitical concerns, and issues around renewable energy policy in the US. Over the 12 months to 30 November, the portfolio delivered a NAV total return of 20.5% and a share […]
Virtues of diversification Ecofin Global Utilities and Infrastructure Trust (EGL) has continued to generate impressive returns despite broader macro-economic challenges which include stubborn inflation, rising geopolitical concerns, and issues around renewable energy policy in the US. Over the 12 months to 30 November, the portfolio delivered a NAV total return of 20.5% and a share […]
Virtues of diversification Ecofin Global Utilities and Infrastructure Trust (EGL) has generated strong returns during the last 12 months, despite broader macro-economic challenges which include persistent inflation, rising geopolitical concerns, and issues around renewable energy policy in the US. Over the 12 months to 30 November, the portfolio delivered a NAV total return of 20.5% […]
In this week’s show, James Carthew spoke to Craig Baker from Alliance Witan. If you were looking for the first part of QuotedData’s show, focused on the roundup of the week’s news click here. If there is a guest speaker you’d particularly like to hear from, please email Aiman. Additionally, if you would prefer to watch and […]
Taking advantage of a favourable landscape Markets have experienced a seismic shift in recent months. As we explore in this note, inflation forecasts have changed and with them interest rate expectations. As we discuss on page 6, a Republican clean sweep in the US elections offers the prospect of a favourable landscape for financials, particularly […]
Taking advantage of a favourable landscape Various events appear to have combined to drive a meaningful shift in markets. As we explore in this note, inflation forecasts have changed and with them interest rate expectations. A Republican clean sweep in the US elections seems to offer the prospect of a favourable landscape for financials. There […]
Taking advantage of a favourable landscape Markets have experienced a seismic shift. As we explore in this note, inflation forecasts have changed and with them interest rate expectations. A Republican clean sweep in the US elections offers the prospect of a favourable landscape for financials. This has been reflected in the dramatic improvement in the […]
Winners and losers in November 2024 Best performing funds in price terms (%) Alpha Real Trust 9.5 Globalworth Real Estate 8.5 Residential Secure Income 5.3 IWG 4.5 Custodian Property Income REIT 3.2 Grainger 3.1 Value & Indexed Property Income Trust 1.9 Hammerson 1.8 Workspace Group 1.8 Supermarket Income REIT 1.3 Source: Bloomberg, Marten & Co […]
For the US, the defining event of November was Donald Trump’s win in the presidential election, indicated by record highs for major US indices such as the Dow Jones and S&P500. The largely positive market response is thought to be driven by expectations of corporate tax cuts and waves of deregulation. US government bond yields […]
December Monthly | Investment companies Kindly sponsored by abrdn Winners and losers in November 2024 The main driver of returns in November came early in the month with Donald Trump’s win in the US presidential elections. US equity markets jumped on the news – several major indices tracking North American stocks, including smaller companies, posted […]
Cordiant Capital to purchase investment adviser HydrogenOne Capital Growth (HGEN) announced that its investment adviser HydrogenOne Capital has entered into a conditional agreement to sell its business and assets to Cordiant Capital (Cordiant) the specialist global infrastructure and real assets manager. The transaction is expected to be completed in early 2025. Cordiant, a partner-owned and […]
Cordiant Capital to purchase investment adviser HydrogenOne Capital Growth (HGEN) announced that its investment adviser HydrogenOne Capital has entered into a conditional agreement to sell its business and assets to Cordiant Capital (Cordiant) the specialist global infrastructure and real assets manager. The transaction is expected to be completed in early 2025. Cordiant, a partner-owned and […]
Addressing the discount On 26 November, Caledonia Investments (CLDN) released interim results covering the six-month period ended 30 September 2024. We provide some analysis of these in this note. There was a welcome narrowing of the discount over the period. However, the market turmoil that accompanied the UK budget and the US election has since […]
Addressing the discount On 26 November, Caledonia Investments (CLDN) released interim results covering the six-month period ended 30 September 2024. We provide some analysis of these in this note. There was a notable narrowing of the discount over the period. However, the market turmoil that accompanied the UK budget and the US election has since […]
Addressing the discount On 26 November, Caledonia Investments (CLDN) released interim results covering the six-month period ended 30 September 2024. We provide some analysis of these in this note. There was a welcome narrowing of the share price discount to net asset value (NAV) over the period. However, the market turmoil that accompanied the UK […]
In this week’s show, James Carthew spoke to David Smith from Henderson High Income. If you were looking for the first part of QuotedData’s show, focused on the roundup of the week’s news click here. If there is a guest speaker you’d particularly like to hear from, please email Aiman. Additionally, if you would prefer to watch […]
Building on solid foundations AVI Global (AGT) continues to demonstrate the value of a clear strategy and a high-conviction approach, generating annualised Net Asset Value (NAV) returns of almost 15% over the last two years, despite market factors heavily favouring momentum trading (strategies where investors buy rising securities and then sell them when they appear […]
Building on solid foundations AVI Global (AGT) has been generating annualised NAV returns of almost 15% over the last two years despite market factors which have heavily favoured momentum trading and a small number of very large US technology companies. At the same time, broader market volatility has driven some discounts to extreme levels, creating […]
Building on solid foundations AVI Global (AGT) continues to demonstrate the value of a clear strategy and a high conviction approach, generating annualised NAV returns of almost 15% over the last two years despite market factors which have heavily favoured momentum trading and a small number of very large US technology companies. At the same […]
Delayed but not derailed? The interest rate cuts that many have been hoping for have materialised, to the benefit of growth-focused strategies such as that of Impax Environmental Markets (IEM). However, the route to a more sustainable world may have been made harder by the election of a new US President who seems set on […]
Delayed but not derailed The interest rate cuts that we had been hoping for have materialised, to the benefit of growth-focused strategies such as that of Impax Environmental Markets (IEM). However, the route to a more sustainable world has been made harder by the election of a new US President who seems set on rolling […]
Delayed but not derailed The interest rate cuts that we had been hoping for have materialised, to the benefit of growth-focused strategies such as that of Impax Environmental Markets (IEM). However, the route to a more sustainable world has been made harder by the election of a new US President who seems set on rolling […]
