magazine archive
magazine archive
Investment Trusts
The benefits of highly-diversified investment trusts
Thursday 07 Feb 2019Given the return of equity market volatility, the threat to global growth from trade wars as well as political uncertainties, portfolio diversification should be front of mind for the savvy investor and there is plenty on offer in the investment trust space. Investors can put money to work with...
Murray International shares near a two-year high premium
Thursday 07 Feb 2019Global equity income trust Murray International ( MYI ) is trading at close to a two-year premium to net asset value. The trust holds total assets worth more than £1.4bn, or approximately £11.05 per share, and trades on a stock price of £11.72 for a premium of around 6%. This compares with an...
MedicX shares jump on Primary Health Properties tie-up
Thursday 31 Jan 2019Healthcare facilities investor Primary Health Properties ( PHP ) has unveiled plans to merge with sector peer MedicX ( MXF ) , although it really plays out as a takeover of the latter business. By combining these two funds, which own and let community healthcare facilities (particularly GP...
Are you really getting diversification from your funds and investment trusts?
Thursday 31 Jan 2019Diversification is widely considered to be an important part of investing. You should ensure your investments are spread across a variety of assets, in different sectors and a number of regions so one piece of negative news doesn’t result in disproportionate damage to your portfolio. Achieving this...
Merian Chrysalis now 65% invested following 2018 IPO
Thursday 31 Jan 2019M erian Chrysalis ( MERI ) has now invested 65% of the £100m raised when it joined the stock market in November 2018. The investment trust offers investors exposure to later-stage private growth companies. Its portfolio now includes stakes in finance business Growth Street, artificial intelligence...
Chaos at Athelney Trust as boardroom coup doesn’t go to plan
Thursday 31 Jan 2019The boardroom fight at Athelney Trust ( ATY ) has resulted in chaos with multiple directors being given the boot, leaving shareholders wondering if the investment trust has a future. Robin Boyle has failed in his attempt to be reinstated as a director and to run the investment trust portfolio. The...
Henderson Smaller’s half-year hurt
Thursday 24 Jan 2019First half results (18 Jan) from Henderson Smaller Companies Investment Trust ( HSL ) reveal a rare period of underperformance. But manager Neil Hermon, who has outperformed the benchmark in 14 of the past 15 financial years, insists his universe ‘continues to throw up exciting growth opportunities...
Balance sheet clean up in renewables trusts space
Thursday 24 Jan 2019Several renewables investment trusts could issue a flood of new shares over the coming months, speculate analysts, after a blitz of project funding. Greencoat Renewables ( GRP ) , Greencoat UK Wind ( UKW ) and NextEnergy ( NESF ) are in the frame, while Foresight Solar ( FSFL ) is expected to...
The importance of investment style when picking funds
Thursday 17 Jan 2019When it comes to choosing an investment fund there are a number of things to take into account: fees, track record and the assets and regions it invests in, to name just a few. But also worth bearing in mind is the investment style that a manager uses. Investment style determines which assets are...
Technology fund expert who’d been slicing Apple long before the warning
Thursday 10 Jan 2019Leading technology fund manager Ben Rogoff had been cutting back on his appetite for Apple long before the consumer electronics giant’s shock profit warning (2 Jan). The respected manager of the Polar Capital Technology Trust ( PCT ) has become increasingly wary of potential threats to the...