magazine archive
magazine archive
Investment Trusts
Beijing clampdown could make investors reassess China exposure
Thursday 05 Aug 2021During the final week of July, Chinese shares endured heavy selling with the CSI 300 index, the MSCI China Information Technology index and the Hang Seng Tech index plunging into negative territory for the year. As a result, many popular open-ended China-focused funds such as Allianz China (BKFW2B5...
This FTSE 100 trust will let you earn alongside Taylor Swift and Lady Gaga
Thursday 29 Jul 2021Despite its status as a FTSE 100 company, investors may still be unfamiliar with Pershing Square Holdings ( PSH ) . Yet the trust provides access to the stock picking acumen of Wall Street hedge fund manager Bill Ackman and this article seeks to remedy any ignorance of the vehicle. The trust was...
International Biotech looks for M&A booster shot
Thursday 22 Jul 2021When Kate Bingham, managing partner of SV Health Managers LLP was appointed chair of the UK Vaccine Task Force by the Government, it made life awkward for the team managing the International Biotechnology Trust ( IBT ) . That’s because Bingham oversees the unquoted part of the portfolio,...
Why don’t investment trust prices move in line with net asset value?
Thursday 01 Jul 2021Have you ever bought an investment trust only for the share price to fall by a greater amount than the decline in its net asset value? There is often a good reason why the shares are reacting in that way. The structure of investment trusts, which sees their shares traded on the stock market, means...
More investment trusts look to invest in private companies
Thursday 17 Jun 2021Despite the many thousands of stocks listed around the world, a rising number of investment trusts are looking to add or increase their exposure to unlisted companies as more businesses stay private for longer. Baillie Gifford UK Growth ( BGUK ) is one such trust, and in August will seek...
Managers with large ‘skin in the game’ outperform those without it
Thursday 17 Jun 2021When you invest in a fund or investment trust you are putting your hard-earned cash in the hands of a professional fund manager and asking them to make decisions on what to do with it. Knowing that said professional has at least a portion of their own wealth tied up in the fund offers a level of...
How the ‘Heineken Index’ can refresh your returns
Thursday 10 Jun 2021Since the Covid bottom in March 2020, London’s FTSE 100 has rebounded by 36% to 7,061.78 points, but the FTSE 250 has rallied an even more impressive 67.8% to 22,813.47 and this index of ‘second liners’ is testing new highs. Mid cap companies are attractive to investors for a variety of reasons;...
Flexible investment trusts can protect you against inflation
Thursday 03 Jun 2021Moving up and down is hard-wired into the stock market but 2021 has, so far, been particularly volatile. Year-to-date the UK’s benchmark FTSE 100 index has on four occasions slumped around 2.5% in a single day, while twice ripping higher by similar-sized advances. Moves of more than 1% in either...
How to analyse property-focused investment trusts, aka REITs
Thursday 20 May 2021Real estate investment trusts, or REITs for short, launched in the UK in 2007 and there are now more than 50 of these vehicles listed on the London Stock Exchange. In effect a REIT looks to replicate the experience of holding property directly for an investor. The average person can only afford to...
Exciting unquoted companies on offer through investment trusts
Thursday 06 May 2021The problem many investors have with IPOs (initial public offerings) is that much of the big value creation has already been had as a private company. Take THG ( THG ) , for example, a stock investors piled into in their thousands once it hit public markets. Launched in 2004 by founder Matthew...