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As the cost of living crisis bites, the global equity income fund managers at Securities Trust of Scotland double down on the consumer sector, with recent purchase Domino’s Pizza bolstering big brands including British American Tobacco and Pepsi.
UK stocks make strong gains this morning on hopes that US inflation has hit a peak and China reopening the cities of Beijing and Shanghai, while mid-cap Countryside Partnerships soars on a takeover bid.
Annual results from Caledonia Investments underline the good long-term, real returns the defensive, global multi-asset fund has achieved. Yet something needs to be done about the wide share price discount.
Former Personal Assets director and renowned investment trust analyst Robin Angus has died aged 69.
Rising inflation has pushed the infrastructure fund to double digital annual returns, while managers stay clear on their strategy to avoid 'mega' assets and focus on mid-market buys in the 'modern economy'.
Leading energy storage trust looks to raise £150m as battery funds flourish this year with power markets volatile and a renewed focus on energy security, though Bluefield Solar forced to extend placing period after windfall tax surprise.
The logistics investor highlights an 'acute shortage' of warehouse space, but elsewhere in the sector Amazon's excess capacity is hurting 'big box' investors like Tritax.
Fiddling around with asset allocation during turbulent markets rarely adds much value, but an under-the-radar and data-driven fund has something to offer.
The UK’s longest-serving fund manager explains how Capital Gearing Trust is waiting for a ‘Volcker moment’, which should lead to a golden era for investors.
Chrysalis has booked a significant drop in the valuation of top holding Klarna but registered more positive news on Starling Bank, as the fund’s managers make a renewed attempt to draw a line under this year’s heavy losses.
Investment trusts which own wind farms and other renewable energy assets knocked by reports that a potential windfall tax on oil companies could be extended to electricity generators also benefitting from sky-high power prices.
With an energy crisis, soaring inflation and tanking growth stocks, Redwheel fund managers Ian Lance and Nick Purves see parallels with the 1970s. And it’s good news for their portfolio of UK value stocks.
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