magazine archive
magazine archive
Investment Trusts
Three investment trusts to play the rising oil price
Thursday 17 May 2018Oil prices are heading towards the $80 mark as armed conflict between Iranian and Israeli forces follows hot on the heels of the US president Donald Trump’s decision to exit the Iran nuclear deal. Investors looking to benefit from the oil price surge have the option of investing in individual...
This investment trust has a really clever way of picking stocks
Thursday 10 May 2018Have you ever wondered how a fund manager picks a stock? Some investment trusts and funds run screens on equity valuations, income statements and balance sheets. Others may place greater emphasis on meeting management and deciding whether they like the story or not. Occasionally you find an asset...
What has gone wrong at Woodford Patient Capital?
Thursday 10 May 2018Investors are having to be very patient with star fund manager Neil Woodford’s Woodford Patient Capital ( WPCT ) investment trust. A patchy track record since its launch in April 2015 sees the trust languishing at a 7.5% discount to net asset value (NAV). The particularly poor performance over the...
Will infrastructure funds come back into favour?
Thursday 03 May 2018Infrastructure has been a favourite among investors and politicians alike. Investors like the high yields on offer while politicians prefer to wax lyrical on infrastructure projects and spending at election time as they are usually linked with job creation. Unfortunately infrastructure funds –...
Why many investment trusts are abolishing performance fees
Thursday 26 Apr 2018Management and performance fees may not be the most important consideration when weighing up the merits of particular investment trust, but they are certainly key. The greater the costs of a fund, the harder your investments have to work to generate a positive return. Investment companies pay a fee...
Which investment trusts have beaten the market’s first quarter slide?
Thursday 12 Apr 2018It has been a difficult start to 2018 for global stock markets. Investors have been rattled by the prospect of rising interest rates, inflationary pressures, geo-political tensions and the threat of an increasingly tense trade war between the US and China. The UK has been particularly under the...
The Scottish Investment Trust takes a different approach
Thursday 05 Apr 2018Trading at an 8.5% discount to net asset value, The Scottish Investment Trust ( SCIN ) may interest investors who want an investment trust that doesn’t chase the latest hot fads or so-called ‘story stocks’. Instead, this product is more interested in finding real value in the market. Independently...
Why some private equity trusts could be attractive in the short-term
Thursday 29 Mar 2018The private equity market is in an odd position. It is awash with money ready to invest, thanks to a strong period of asset realisations over the last few years plus strong support from investors wanting to back new private equity deals. Unfortunately there is a lot of competition for assets...
Henderson EuroTrust prepares for debt-fueled spending spree
Thursday 22 Mar 2018H enderson EuroTrust ( HNE ) is in talks to increase its gearing facility, thereby giving it access to more cash to deploy in the market and potentially enhance investment returns. The decision to increase gearing, which represents the proportion of debt to equity, normally signals that a fund...
A tale of two multi-manager funds: Alliance Trust vs Witan
Thursday 22 Mar 2018Investment trusts are constantly evolving in their pursuit of income and capital appreciation. We look at two trusts that employ a multi-manager approach: Alliance Trust ( ATST ) and Witan Investment Trust ( WTAN ) . Using multi-managers is when a trust delegates some or all of the equity portfolio...