Hints and tips:
...Another merger, between Troy Asset Management’s Income & Growth Trust and STS Global Income & Growth Trust, was also announced on Tuesday....
...The asset manager converted its long-standing bitcoin trust into an ETF in January, but the product carries a much higher management fee than its competitors....
...Gold rallied as much as 3 per cent to $2,135 per troy ounce on Monday, a new record, before slipping to $2,025 per troy ounce, according to LSEG data....
...As of March 14, bitcoin ETFs had vacuumed up a net $10.6bn year-to-date globally, even accounting for chunky outflows from the Grayscale Bitcoin Trust (GBTC), at $23.7bn still the world’s largest such vehicle...
...The UK’s National Trust, for example, saw membership increase sixfold in four decades....
...One example in the UK equity income sector — which is home to 13 sub-£500mn trusts — is Troy Income & Growth....
...Despite the collapse of the crypto exchange FTX, he rues that “trust is back and crypto will have a future place as an asset class”....
...HSBC said it was “pleased to continue acting as a custodian for the World Gold Council’s SPDR Gold Trust”....
...“We still need to regain the trust and confidence,” he told the FT....
...Ethan WuLeprechauns across the world were delighted on Friday as gold, the shiny metal we all love, hit an all-time high: $2,152.30 per troy ounce....
...But here’s a genuinely interesting prediction from The ETF Educator’s Nate Geraci: State Street’s pioneering flagship ETF — the $355bn SPDR S&P 500 ETF Trust — will be supplanted by rivals from Vanguard...
...Harvard University has set up a solar geoengineering research programme, with financial backing from Bill Gates and a host of philanthropic trusts and funds....
...I sat in its front courtyard with its current head gardener, Troy Scott Smith, and discussed the challenges confronting it....
...Three UK equity income trusts — Troy Income & Growth, Edinburgh Investment Trust and Temple Bar — have cut their dividends since the outbreak of the pandemic, arguing that reductions may ensure a more stable...
...Sissinghurst called and Troy Scott Smith has returned. Back for a second stint as head gardener at the world-famous garden where he started his career 30 years earlier....
...Blind trusts wouldn’t help. The Fed officials will be able to make a pretty accurate guess as to what is in the trust, because most trusts look alike....
...BlackRock’s iShares Silver Trust, the world’s largest silver-backed exchange traded fund, drew inflows of almost $1bn on Friday....
...Silver, the more volatile metal in price terms, fell 4 per cent to trade at a low of $21.64 a troy ounce on Thursday, while gold fell as low as $1,847.57 an ounce....
...The commodity fell almost 6 per cent on Tuesday, plunging below $2,000 a troy ounce as rising hopes of a new US stimulus package led investors to flee haven assets such as gold and government bonds in favour...
...A partnership of trust and respect — such as that between George HW Bush and James Baker, or Thomas Jefferson and James Madison — is invaluable....
...So, on this theory, Hoare devised his entire landscape as a “new Troy”, a place where, like Virgil’s Aeneas, he put down new family roots. Having tested this theory on site, I think it is wrong....
...Gold prices are up by 13 per cent year-to-date at $1,695.49 a troy ounce, helping Barrick pay down its debt....
...The buying spree helped propel gold prices to a seven-year high of $1,702.56 a troy ounce on March 9, as global stock markets tumbled....
...This year, however, gold prices have climbed to their highest levels since early 2013, at more than $1,600 a troy ounce....
...The purchases have helped sustain an increase in the price of gold, which hit a three-month high on Tuesday, at $1,327.9 a troy ounce....
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