magazine archive

magazine archive

Investment Trusts

Baillie Gifford UK Growth brushes off portfolio disappointments

Thursday 18 Apr 2019

Since Baillie Gifford took over the running of the trust from Schroders in 2018 Baillie Gifford UK Growth ( BGUK ) has enjoyed a strong performance. In share price terms, the trust is the UK’s best performer across the entire Association of Investment Companies UK All Companies grouping, over the...

AEW UK Long Lease hit by tenant collapse

Thursday 18 Apr 2019

Commercial investment property owner AEW UK Long Lease REIT ( AEWL ) has served notice on its manager and may put the company up for sale after its biggest tenant, Meridian Metal Trading, fell into administration. The board is considering ‘all options’ from issuing shares to selling the company or...

BlackRock Latin American eyes spicier strategy

Thursday 18 Apr 2019

New managers at BlackRock Latin American Investment Trust ( BRLA ) are rethinking strategy to widen geographic reach and be less conservative on stock selection. Will Landers left the trust after 13 years in December having beaten its MSCI Latin American benchmark in net asset terms in eight of the...

Hipgnosis is striking a chord

Thursday 18 Apr 2019

Musical rights investment firm Hipgnosis Songs ( SONG ) is issuing £100m in fresh equity for further acquisitions and ‘to satisfy demand for new shares from existing shareholders’. Since its IPO in 2018 the fund has acquired catalogues with a total value of £234m. Earlier this month it picked up a...

Investment trusts offer a way of accessing firms that stay private for longer

Thursday 04 Apr 2019

Many of the world’s most exciting businesses are not yet listed on a stock exchange, but that doesn’t mean investors can’t get exposure to this part of the universe. A number of investment trusts have holdings in unlisted (also known as unquoted) companies, giving you plenty of options as we...

Elect to stay invested and ride out ups and downs

Thursday 28 Mar 2019

Investors of a certain vintage will recall the stock-market adage, ‘Sell in May and go away, don’t come back until St Leger Day’. The saying is based on the belief that returns during the summer months are negative so you should ‘time’ the market by selling out completely at the beginning of May...

Use investment trusts to cash in on historic low valuations and high yields

Thursday 21 Mar 2019

For decades UK stocks were prized by global asset managers but in the last two to three years they have been roundly shunned due to uncertainty over Brexit. The result is that on some measures the UK stock market is now the cheapest it has been for nearly 30 years. With valuations so low,...

New investment trust targets $250m to invest in US solar opportunity

Thursday 14 Mar 2019

A new investment trust is about to join the stock market offering investors with a pure play on the expanding US solar sector. US Solar Fund aims to pay a 5.5% yield and a total return of 7.5% from 31 March 2020 or when all of its assets are operational. Ahead of this time it expects to pay a...

This investment trust is pinning its hopes on a banking sector rebound

Thursday 14 Mar 2019

It’s been 10 years since shares started to recover from the global financial crisis-induced market collapse. However, there are pockets of the market still trying to play catch-up including financial stocks like banks which remain ‘unloved, under-owned and misunderstood’, say John Yakas and Nick...

Why China is too big to ignore for JPMorgan Asian

Thursday 07 Mar 2019

Emerging markets have swung back into favour with investors who spent most of 2018 pulling cash out of these higher risk regions. Last year the MSCI EM Index fell 14.6% versus an 8.7% decline for the MSCI World Index, which includes major markets in Europe and the US. Well-documented trade tensions...