magazine archive
magazine archive
Investment Trusts
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...
Five easy steps to picking the best investment trusts
Thursday 15 Mar 2018With 404 investment trusts trading on the UK stock market, investors wanting to put their money into this space are spoiled for choice. The hard part is boiling down the selection to a more manageable number so you can undertake more in-depth research. This article will talk you through some of the...
Edinburgh Worldwide proves you don’t have to rely on dividends to capture investors’ attention
Thursday 08 Mar 2018Investors regularly assume that all investment trusts pay a dividend because they benefit from having a diverse range of assets in their portfolios. In reality 61 investment trusts don’t pay anything to shareholders at all. You simply own these types of trusts for capital gains. Failure to pay a...
Brunner shakes off debt and share overhang distractions
Thursday 01 Mar 2018As income statistics go, this one is pretty impressive. Brunner Investment Trust ( BUT ) has increased its annual dividend for the 46th year in a row (subject to shareholder approval, although we wouldn’t expect any trouble there). The 16.5p payout, for the year to 30 November 2017, represents a 4...
Do investment trusts benefit from having a board of directors?
Thursday 22 Feb 2018For many investors, the person running an investment trust is a key part of the reason they choose it. They may be attracted to a fund manager’s impressive track record, contrarian style or the years of experience they bring. What many investors fail to appreciate is that there’s someone sitting...
Are there any investment trusts going cheap after the market sell-off?
Thursday 15 Feb 2018Anyone with a long-term investment horizon should take a good look at the investment trust sector as the latest market sell-off has created plenty of opportunities. We’ve spotted numerous investment trusts trading on a wider discount to net asset value than their average over the past 12 months...