magazine archive
magazine archive
Investment Trusts
Summer flood of capital into investment trusts
Thursday 23 Aug 2018It wasn’t just the weather that was hot in July 2018 – according to data from Winterflood it was also the strongest month for investment trust fundraising so far in 2018 with nearly £1bn raised across the sector. More than half of this amount related to new investment trusts joining the stock...
The ultimate income investment trusts
Thursday 16 Aug 2018Income-seeking investors should consider investment trusts to boost their income and capital returns, as new research shows an elite group of trusts yield up to 10% on a 10-year basis. A select group of investment trusts have been given ‘Dividend Hero’ status, denoting those that have generated...
Will Turkey-led emerging markets sell-off hurt Mobius’ plan for new trust?
Thursday 16 Aug 2018Veteran emerging markets investor Mark Mobius is planning to launch Mobius Investment Trust, the first closed-end fund from his new Mobius Capital Markets venture, in September. Mobius sees opportunities in this space after a big sell-off linked to tensions over trade, an increase in US interest...
BlackRock Throgmorton adopts the Whitestone way
Thursday 16 Aug 2018With a new sole portfolio manager in charge of the investment decisions and a discount that has narrowed from 15.7% at as 30 November to 6.3% at the time of writing, Shares believes this is an exciting time for shareholders in the BlackRock Throgmorton Trust ( THRG ) . Often overlooked, despite...
An introduction to REITs
Thursday 09 Aug 2018A REIT or real estate investment trust is a vehicle which owns, operates or finances income-generating property. The so-called REIT regime came into force in January 2007. By February of that year nine of the UK’s big listed property firms had converted to REIT status and more than a decade on, the...
Most loved investment trusts
Thursday 02 Aug 2018The whole investment trust space seems to be going through a resurgence in popularity. In 2017 independent financial advisers (IFAs) bought a record £990m of investment trusts through their favourite platforms, according to statistics provided by the Association of Investment Companies (AIC). That’...
Lowland fund manager says portfolio diversification is essential in the current market
Thursday 26 Jul 2018A leading fund manager has warned of the importance of portfolio diversification in the current economic climate. James Henderson, who co-manages Lowland Investment Company ( LWI ) , says the UK economy is very ‘patchy’ at present and diversification is needed to get around pockets of weakness...
Why it’s all about yield for Merchants Trust
Thursday 19 Jul 2018The manager of Merchants Trust ( MRCH ) , Simon Gergel, doesn’t share the widely-held view that dividend growth is more important than dividend yield. As an example, let’s compare a hypothetical company offering a dividend yield of 8% but no dividend growth with another company offering a 2%...
How refinancing debt could unlock more dividends and value for investment trusts
Thursday 19 Jul 2018Recent activity at Brunner Investment Trust ( BUT ) helps shine a light on the expensive debt carried by some investment trusts and how refinancing these borrowings could be a catalyst for trusts to trade on higher valuations and pay out more in dividends to their shareholders. Unlike traditional...
SLI Property shrugs off property market concerns with new spending spree
Thursday 12 Jul 2018There are plenty of distractions for an investor in UK property at present as the Brexit process continues along its torturous route, yet the manager of SLI Property Income ( SLI ) Jason Baggaley likes to maintain a simple approach. In his words, ‘I like to buy things that excite me’. More...