magazine archive

magazine archive

Investment Trusts

Is there more risk lurking in your portfolio than you think?

Thursday 12 Sep 2019

Investors are concerned about what Brexit means for their portfolios and how to navigate the current tricky markets. There’s no magic bullet, but investors should make sure there aren’t any risks lurking in their portfolios that they aren’t aware of. One step they can take is to check the level of...

Changing a fund manager can benefit investors

Thursday 05 Sep 2019

In the same manner a football team’s fortunes can turn upwards when a new manager enters the dressing room, performance can also improve when a new portfolio manager takes over or assumes sole responsibility for an investment trust. A long-standing manager can benefit a trust if they have...

The star performer among Europe-focused investment trusts

Thursday 29 Aug 2019

Risks to growth across Europe appear skewed to the downside given the impact of global trade-war rhetoric on sectors including autos and industrial chemicals. However, investors shouldn’t dismiss a select band of niche growth companies making profitable progress under their own steam, yet which...

The investment trust on a quest for growth and value

Thursday 22 Aug 2019

One of the largest and most liquid UK smaller company trusts, yet trading at a 10.2% discount to net asset value (NAV) that suggests value abounds, Henderson Smaller Companies ( HSL ) has been successfully managed by trained accountant Neil Hermon since 2002. Hermon has established a formidably...

Introducing the investment trusts on the FTSE 350

Thursday 15 Aug 2019

Investors who prefer to entrust capital allocation decisions to a professional money manager as opposed to buying individual stocks are exceptionally well served by the FTSE 350. Within its ranks, you’ll find a highly-diverse batch of investment trusts spanning all the key asset classes. Shares’...

A differentiated way to play the healthcare space

Thursday 08 Aug 2019

There are many reasons why investors are attracted to the healthcare space including the chance to back companies which are making a big change to people’s lives as well as finding the next wonder drug and potentially enjoying large profits from its commercialisation. Investing in this space can be...

Seven trusts on bargain ratings: which ones to buy?

Thursday 08 Aug 2019

We’ve spotted quite a few investment trusts trading at unusually large discounts to net asset value (NAV). There are good reasons why some of them are out of favour. Other situations are more perplexing which suggests investors could potentially snag themselves a bargain if we assume the discount...

How to play a surge in Chinese domestic consumption

Thursday 01 Aug 2019

A number of global, emerging market and thematic investment trusts put money to work in China, but there are just two dedicated China trusts within the investment companies sector, namely JPMorgan Chinese ( JMC ) and Fidelity China Special Situations ( FCSS ) . This pair have had a tough time of...

Alliance Trust yet to beat its target with new strategy

Thursday 25 Jul 2019

Now into its third year under a new strategy born out of pressure from activist investors Elliott Advisors and to a lesser degree Laxey Partners, Alliance Trust’s ( ATST ) shares are trading at an all-time high and investors are enjoying double-digit returns so far in 2019. Elliott Advisors is no...

European trust sharpens proposition in fight against passives

Thursday 18 Jul 2019

Fund managers are increasingly sharpening their proposition in the fight against competition from lower-cost tracker funds. Among them is John Bennett of Henderson European Focus Trust ( HEFT ) where the investment trust has amended its structure to give it capacity to make greater bets by holding...