Hints and tips:
Related Special Reports
...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 UK’s most popular investment vehicles...
...Fund and wealth managers, as well as peers, have been calling for a change in the way investment trust fees are reported, which they say has further depressed share prices....
...Popular investment trusts which are trading at discounts include Scottish Mortgage at 14.71 per cent, Alliance Trust at 5.25 per cent and the City of London Investment Trust at 1.66 per cent....
...The buyback, which represents 9 per cent of the trust’s shares, is the largest-ever for an investment trust, according to analysts at Jefferies....
...According to Jefferies, this is the largest ever buyback programme by a UK investment trust, with £1bn representing 9 per cent of the Scottish Mortgage Investment Trust’s shares....
...Venture capital trust investors are turning back towards the tax-efficient, high-risk asset class in a race to buy before the end of the tax year....
...Chrysalis Investments and its investment managers are to split from asset management group Jupiter, more than three years after the trust was acquired as part of a wider deal....
...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...
...Hipgnosis is fighting to win shareholder approval for its continuation as an investment trust for a further five years at a vote next week....
...The new rules artificially inflate the cost of investment trusts, which are already factored into trusts’ share prices, said Ben Conway, head of fund management at Hawksmoor Investment Management....
...The acquisition of Boston-based Putnam will add another $136bn in assets under management, 30 per cent of which are in retirement plans....
...The managers of the Chrysalis Investment Trust are to leave asset management group Jupiter, three years after the trust was acquired as part of a wider deal....
...Why JPMAM is betting on active ETFs The hot areas in asset management right now are crypto and passive investment....
...But for those with the wherewithal to invest, there are currently good reasons to consider income-focused investment trusts....
...The investment policies may be set centrally rather than tailored to a specific trust, and management may take a limp approach to discount management. There are exceptions — but not many....
...Management....
...South Africa is the third-largest chapter in the Emea region, behind the UK and Ireland — despite the country’s investment platforms being biased towards unit trusts, says chapter co-head Michelle Noth....
...Her main investment is in an innovative finance Isa with Triodos, through which she funds Thera Trust. This creates homes designed for the needs of people with learning disabilities....
...It is much nicer getting a discount on a new sofa you are buying than on a UK investment trust you already own....
...Wood says: “For some of the smaller trusts, being acquired and improving management is good for shareholders.”...
...In November, the split was announced between Jupiter and the investment company Chrysalis and its managers, three years after the trust was brought under Jupiter’s control after its acquisition of Merian...
...I think we’ve been operating in a backdrop where active management as a percentage of funds under management has been shrinking....
...The UK investment trust once bought rights with all the abandon of a rock band spending its advance on high living....
...Years of low interest rates have attracted a wave of “tourist capital” into private equity, Nick Moakes, chief investment officer of the £38bn Wellcome Trust, told the Financial Times Future of Asset Management...
...AJ Bell, an investment platform, says its top 10 UK equity funds and trusts registered a 14 per cent increase in flows from January 1 to February 14....
International Edition