Hints and tips:
...Abrdn’s trust is trading at an 18.3 per cent discount to its net asset value, and the Fidelity trust is at a 9.7 per cent discount....
...Scottish Mortgage declined to comment. But other investment trusts face a battle to survive. Capital raisings, the industry lifeblood for new funds, have dried up....
...According to Winterflood research analyst Elliott Hardy, many investors entered the sector off the back of the strong performance of trusts such as Scottish Mortgage during the pandemic and have since been...
...Some of the biggest have come from the banks, such as Barclays’ £10bn capital return plan, but this week’s £1bn announcement from Scottish Mortgage shows investment trusts also hope to close the valuation...
...Five unmissable stories this week Activist investor Elliott has built a 5 per cent position in Scottish Mortgage Investment Trust, whose early bets on tech groups such as Amazon turned it into one of the...
...Assets run by Baillie Gifford’s Scottish Mortgage Investment Trust, many of whose technology holdings have been hit by rising interest rates, have dropped from about £18bn in June 2021 to £12bn as at October...
...He holds shares in Scottish Mortgage Investment Trust. Email: adventurous@ft.com. Twitter: @advinvestor....
...The US regulator cleared 11 ETFs to list, with sponsors ranging from established players like Fidelity and Invesco to newcomers including Grayscale and Ark Invest....
...When Amar Bhidé joined the board of Baillie Gifford’s flagship Scottish Mortgage Investment Trust three years ago, an insider complimented the academic as a “world-class brain and a world-class bastard”...
...Index Trust ranking among the top picks....
...Aviva Investors, Fidelity International and HSBC Asset Management are among those leading the push to influence technology businesses to commit to ethical AI....
...“When it comes to bonuses, high earners tend to drift towards two very different extremes,” says Maike Currie, head of personal finance at Fidelity....
...Baillie Gifford’s Scottish Mortgage Investment Trust topped the list of popular trusts among several platforms, despite recent board upheaval over its growing exposure to private companies....
...The bank has attempted to broaden its loan book by acquiring Fleet Mortgages and home-loan portfolios from other lenders including Kensington Mortgages....
...Other countries, such as the US and Japan, tend to opt for closed-ended real estate trust structures....
...For this reason, I prefer investment trusts for holding exposure to unlisted companies, as the trust shares trade separately from the underlying assets....
...Scottish Mortgage, known for its bold bets on high-growth companies such as Tesla, now devotes up to 30 per cent of its portfolio to private companies....
..., including in energy, telecoms, pensions, mortgages and insurance....
...Job moves Fiona McBain, the chair of Baillie Gifford’s flagship Scottish Mortgage Investment Trust, is stepping down just days after a rare public bust-up over corporate governance....
...However, there are many alternative investment trusts listed on public exchange in which to park capital, including real estate and infrastructure, as well as some more niche areas such as shipping and music...
...One is to look at the performance of the £10.84bn investment trust behemoth, Scottish Mortgage, a retail investor favourite and top seller on most fund platforms....
...Among UK-based managers, Baillie Gifford’s FTSE 100-listed Scottish Mortgage Investment Trust is down 40 per cent this year to the end of August, while the Polar Capital Technology Trust has dropped 22 per...
...If you do decide to invest, I’d start with mainstream low-cost index-tracking funds as offered by the likes of Vanguard and Fidelity....
...At UK money manager Baillie Gifford, Tom Slater’s £15.2bn Scottish Mortgage Trust has slumped 21 per cent in 2022, its worst stretch of returns since the financial crisis in 2008....
...’s $131bn Fidelity Contrafund and Baillie Gifford’s £15bn Scottish Mortgage Investment Trust, another UK retail investor favourite....
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