magazine archive
magazine archive
Investment Trusts
How BlackRock World Mining outperforms by using all the tools at its disposal
Thursday 11 Aug 2022The mining sector has had a wild 2022 to date. It started strongly, supported by pent-up demand from the pandemic, with the invasion of Ukraine affecting the supply of key commodities and helping to drive prices even higher. More recently, concerns about a global downturn, rising interest rates and...
Going cheap: investment trusts trading on wider than normal discounts
Thursday 28 Jul 2022This year’s market turmoil has caused many investment trusts to trade below their average discount to net asset value. It means investors can often buy £1 worth of assets for 90p or thereabouts. A popular trading strategy is to find investment trusts on wider than normal discounts and buy them in...
How popular capital preservation funds stand apart
Thursday 07 Jul 2022There are dozens of different investment strategies, but most investors are largely looking to either build wealth for the long run or look after what they already possess. This latter objective is what capital preservation funds are designed to do. There are a handful of specialist investment...
What makes Polar Capital Technology Trust tick?
Thursday 30 Jun 2022This year has been ugly for technology investors. The challenges facing equity markets have combined to form one of biggest headwinds to investment returns for decades, including inflation soaring to levels not seen in decades. The feeling that things will get worse before they improve continues to...
Preparing for a wave of value write-downs in the private equity trust universe
Thursday 30 Jun 2022Private equity investors have been put on warning after press reports last month that privately-owned BNPL (buy now, pay later) specialist Klarna was seeking to raise fresh capital at a steep discount to its previous valuation. This has raised the question of whether private equity valuations need...
Where next for Scottish Mortgage as trust managers face up to investors
Thursday 23 Jun 2022With hundreds of investors granted the opportunity to ask questions in person to Scottish Mortgage’s (SMT) fund managers at an event in London, you might have expected some angry audience members given the investment trust’s share price at 676.2p has fallen 56% since peaking in November 2021...
This trust sees big gains ahead assuming it can repair and revive famous UK companies
Thursday 09 Jun 2022The idea of owning a portfolio of companies that have gone off track may not appeal to every investor. There are high risks because the underlying companies need to be fixed before they can grow. Yet the rewards could be equally high if this repair and revive strategy works, and that’s where...
How investment trust boards can add value for shareholders
Thursday 19 May 2022Aunique advantage of investment trusts versus other types of funds are their independent boards of directors which offer additional oversight for investors and have a legal responsibility to protect shareholders’ interests. The role of the board is both vital and varied. It ranges from scrutinising...
Investment trusts versus funds: how do they differ and what are their pros and cons?
Thursday 12 May 2022The UK’s investment trust industry can chart its history back more than 150 years, when Queen Victoria sat on the throne. But it has been eclipsed by unit trusts, which are a relatively new kid on the block, having been introduced in the UK in 1931. There’s currently around £270 billion held in UK...
This little known investment trust has turned £5 million into £740 million
Thursday 05 May 2022Despite having generated more than three times the return of the FTSE All-Share index over the past 10 years (304% versus 100% respectively), North Atlantic Smaller Companies Investment Trust (NAS) remains under the radar of most investors. Those already owning the shares are rarely willing sellers...