Navigating a changed landscape Measures being taken to tackle inflation are weighing on markets. Reflecting this, JPMorgan Multi-Asset Growth & Income (MATE) has also been affected, with falls in its net asset value (NAV) and share price. However, living up to its objective (see below), these falls have not been as severe as those of […]
Investment Companies Quarterly Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments It was very much ‘more of the same’ during the second quarter of 2022 as the conflict in Ukraine continued, rising inflation and interest rates created volatility and supply chain woes didn’t seem to ease. Towards the end of the quarter, previously strong-performing […]
Investment Companies Monthly Roundup Kindly sponsored by Baillie Gifford and abrdn Performance Economies around the world are still very much engulfed in rising inflation fears, supply chain woes and the ongoing conflict in Ukraine but fortunes appear to have hit a turning point halfway through the year for certain sectors. China/Greater China was the best […]
Investment trust insider on funds of funds – James Carthew: Flexible trusts of trusts pick private equity From time to time, I find it is worth checking up on what managers of the funds of funds in the AIC Flexible Investment sector have been up to – managers such as Peter Hewitt of BMO Managed […]
Investment Companies Monthly Roundup Kindly sponsored by Baillie Gifford and abrdn Performance Any hopes for a more positive 2022 were shattered by the ongoing conflict in Ukraine. Economies are feeling inflationary pressures not seen in decades, commodity prices are rising and there is supply-chain disruption. The best performing sector for May was property – UK […]
BMO UK High Income Trust says that over the year ended 31 March 2022, it generated a return on NAV of 1.9%, an ordinary share price return of 0.6%, and a B share return of 1.6%, all well-behind the 13.0% return on the All-Share index. Total distributions on the ordinary shares increased by 2.8% to […]
Bargain hunting After a strong run of both absolute and relative performance (see page 16), AVI Global Trust (AGT) faces twin headwinds of widening discounts within its underlying portfolio – as holdings’ share prices move further below their underlying net asset value – and a widening discount on its own shares. The manager has been […]
Bargain hunting After a strong run of both absolute and relative performance, AVI Global Trust (AGT) faces twin headwinds of widening discounts within its underlying portfolio and a widening discount on its own shares. The manager has been cautious on markets, eliminating the trust’s gearing at the end of 2021. That gives it firepower to […]
Bargain hunting After a strong run of both absolute and relative performance, AVI Global Trust (AGT) faces twin headwinds of widening discounts within its underlying portfolio and a widening discount on its own shares. The manager has been cautious on markets, eliminating the trust’s gearing at the end of 2021. That gives it the firepower […]
Investment Companies Monthly Roundup Kindly sponsored by Baillie Gifford and abrdn Performance After an already difficult first quarter to the year, April proved no different as the war in Ukraine, Covid-induced lockdowns in China and the prospect of a tighter monetary policy in the US all weighed on sentiment. In terms of performance within the […]
