Invesco bond trust maintains premium despite Credit Suisse exposure
Invesco manager Rhys Davies is confident in allocations to the banking sector, which make up a significant part of the portfolio.
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Abrdn UK Smaller lowers management fees as post-Nimmo returns swing negative
The growth-style trust was thwacked this year by inflation, rising interest rates and weak sentiment, meaning shareholder returns over one, three and five years are now negative.
David Stevenson: Funds for the nuclear revival
For ages anything nuclear found itself on the ESG naughty step – a trend that is now, thankfully, reversing as the EU embraces nuclear in its own regulatory requirements.
David Kempton: Inflation-linked bonds I’m buying and growth trusts I’m holding
Rising yields and falling prices of government bonds (or gilts) tempt our experienced investor, who retains a portfolio of investment trusts for long-term growth.
James Carthew: Legal actions could follow trust management failings
While some progress is being made to sort out the problems at ThomasLloyd Energy Impact and Home Reit, the severe governance and management failings could require time in court to resolve.
Fidelity: We want to do M&A to help make ‘cleaner, sharper’ trusts
Consolidation of the investment trust sector has picked up this year as closed-end fund shares have derated. Claire Dwyer, head of investment companies at Fidelity, wants to play her part.
Fidelity: We want to use M&A to help make ‘cleaner, sharper’ trusts
Consolidation of the investment trust sector has picked up this year as closed-end fund shares have derated. Claire Dwyer of Fidelity wants to play her part.
Greenwood: This ‘perfect storm’ is a ‘golden’ time to buy investment trusts
Nick Greenwood, investment trust picker at Migo Opportunities, rejects the notion that London-listed closed-end funds face a ‘death knell’ after this year’s savage derating.
ThomasLloyd Energy fails continuation vote, future of Foreign Office-backed fund uncertain
ThomasLloyd Energy Impact could be wound up less than two years after launch following a vote by a majority of shareholders today to discontinue the fund.
Cordiant Digital told to hurry up buybacks after speeding into Ireland
Heavily discounted digital infrastructure fund splashes €68m (£58m) of cash to buy Irish fibre company Speed Fibre instead of honouring pledge to buy back £20m of shares six months ago.
Impact Healthcare proves resilient in face of care home challenges
The real estate investment trust has reported robust half-year results showing a covered 7.7% dividend yield and valuations backed by sustainable inflation-linked rents.
Diverse Income plays down poor performance to flag bright prospects
Smaller company weighted UK equity income trust reports another difficult year with fund managers Gervais Williams and Martin Turner proclaiming huge value gap in UK shares.
