magazine archive
magazine archive
Investment Trusts
SAINTS: the Baillie Gifford trust which has performed best in 2022
Thursday 06 Oct 2022The Scottish American Investment Trust (SAIN) or ‘SAINTS’, has been managed by Baillie Gifford since 2004 and is focused on delivering real dividend growth by increasing capital and growing income. Notably over the last 12 months it has performed better than other trusts in the asset manager’s...
The Curtis comeback: a return to form for City of London Investment Trust
Thursday 29 Sep 2022Job Curtis, fund manager for City of London Investment Trust (CTY) , has engineered a remarkable turnaround in performance over the past year. This has negated concerns Shares highlighted last October regarding a period of underperformance versus the UK equity income investment trust sector average...
Why high returns can sometimes justify high ongoing fee charges
Thursday 15 Sep 2022Given the poor recent performance of many investment trusts compared with the FTSE 100 index – which has held up relatively well this year and which investors can access via a tracker fund for a few basis points – the age-old issue of fees has reared its head again. The big question for investors...
Could BH Macro be the ‘reassuringly expensive’ Stella Artois of hedge fund trusts?
Thursday 01 Sep 2022The market regards hedge fund Brevan Howard as one of the leading global macro absolute return investment managers. Absolute return specialists aim to deliver a positive return to investors regardless of whether markets are rising or falling. They often own a mix of bonds and stocks as well as...
Can investors rely on high-yield trusts to deliver on their promise?
Thursday 18 Aug 2022With inflation eating away at investors’ income, high-yield trusts can look very appealing. However, the big question investors should ask before committing themselves is just how sustainable are the dividend streams? In this article we analyse four of the highest-yielding trusts, with a diverse...
How BlackRock World Mining outperforms by using all the tools at its disposal
Thursday 11 Aug 2022The mining sector has had a wild 2022 to date. It started strongly, supported by pent-up demand from the pandemic, with the invasion of Ukraine affecting the supply of key commodities and helping to drive prices even higher. More recently, concerns about a global downturn, rising interest rates and...
Going cheap: investment trusts trading on wider than normal discounts
Thursday 28 Jul 2022This year’s market turmoil has caused many investment trusts to trade below their average discount to net asset value. It means investors can often buy £1 worth of assets for 90p or thereabouts. A popular trading strategy is to find investment trusts on wider than normal discounts and buy them in...
How popular capital preservation funds stand apart
Thursday 07 Jul 2022There are dozens of different investment strategies, but most investors are largely looking to either build wealth for the long run or look after what they already possess. This latter objective is what capital preservation funds are designed to do. There are a handful of specialist investment...
What makes Polar Capital Technology Trust tick?
Thursday 30 Jun 2022This year has been ugly for technology investors. The challenges facing equity markets have combined to form one of biggest headwinds to investment returns for decades, including inflation soaring to levels not seen in decades. The feeling that things will get worse before they improve continues to...
Preparing for a wave of value write-downs in the private equity trust universe
Thursday 30 Jun 2022Private equity investors have been put on warning after press reports last month that privately-owned BNPL (buy now, pay later) specialist Klarna was seeking to raise fresh capital at a steep discount to its previous valuation. This has raised the question of whether private equity valuations need...