magazine archive

magazine archive

Investment Trusts

Growth strategies at investment trusts under scrutiny in third quarter

Thursday 24 Oct 2019

The allure of high growth and often pre-profit companies may be finally losing its hold over investors who are increasingly counting the cost of chasing supposedly ‘hot’ stocks regardless of valuation. The collapse of the mooted IPO of US property firm WeWork at the end of September underlined a...

Healthcare property investor Civitas punished for housing association troubles

Thursday 17 Oct 2019

Sitting in a relatively unknown niche within the real estate investment trust (REIT) sector is Civitas Housing ( CSH ) which provides secure housing on long-term 25-year leases to tenants who fall under the Government’s supported living criteria. An integral part of the UK healthcare sector is...

Smithson lives up to the hype as the Fundsmith trust turns one

Thursday 10 Oct 2019

A year ago Smithson ( SSON ) became the largest ever investment trust launch, raising £822.5m to invest in quality small to mid-cap companies. Investors lapped up the shares in the hope they would deliver similar success to its sister fund, Fundsmith Equity (B41YBW7) . Their faith has been rewarded...

Have global investment trusts been the ticket to strong returns?

Thursday 03 Oct 2019

Political and economic turmoil continues to grip the UK. Many investors have been sent running for safer places to stash their cash. Bond markets have soared, gold is close to record highs and money continues to flood out of UK equity funds. UK investors have been struggling to get much bang for...

The search for undervalued companies in Europe

Thursday 26 Sep 2019

Investors remain pessimistic over Europe. Outgoing European Central Bank (ECB) president Mario Draghi has just cut the deposit rate to -0.5% (charging banks more to park their money with the ECB) in order to get them to lend while also resuming quantitative easing (QE) to stimulate the economy...

Taking advantage of an emerging markets opportunity

Thursday 19 Sep 2019

Emerging markets (EM) investing is far from risk-free, yet investors who shun this exciting asset class are missing out on some of the fastest growing opportunities in the globe today. Indeed, EM countries are becoming the long-term winners in the current economic climate, a volatile backdrop that...

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...