Numis Securities retains Edinburgh investment trust in its recommendations for 2019, urging investors not to ‘throw in the towel’ after three years of poor performance with a Brexit resolution potentially in sight.
Fund picker Ben Conway reveals the real estate investment trusts he has bought and says their low valuations underline the difficulties facing rival open-ended property funds.
Now is the time for investors to add money to the market not take it away, says Gary Channon, manager of Aurora investment trust.
Invesco Perpetual Enhanced Income – scene of last year’s biggest investment trust boardroom bust-up – has finally found its new chairman.
Global multi-manager investment trust is encouraging 16,000 investors to switch to Hargreaves Lansdown after deciding to stop operating its ‘Wisdom’ and ‘Jump’ savings schemes.
George Ensor, manager of River and Mercantile UK Micro Cap, cuts exposure to highly valued technology stocks as he seeks to make top-performing but volatile portfolio more resilient.
‘We like it when there’s blood on the streets,’ says UK value fund manager, who sees opportunities in investors’ ‘capitulation’ on a number of stocks.
‘Just about everything that is quoted in the British stock market is over. The opportunity set lies elsewhere,’ declares Scottish Mortgage Trust manager after recent oil price slump.
Nitin Bajaj, manager of top-performing Fidelity Asian Values, has used a small amount of gearing, or borrowing, to take advantage of buying opportunities during recent volatile markets.
High-yielding European smaller companies investment company highlights disadvantage of paying dividends from capital in a bear market by cutting its payout by 22%.