Humbled Scottish Mortgage admits mistakes in ‘polycrisis’
Fund manager Tom Slater says 2022 was a ‘humbling year’ for the popular global growth investment trust which plunged 46%, but stays focused on finding long-term growth stocks.
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Odyssean bags more M&A gains after Nucleus buys Curtis Banks
Fund manager Stuart Widdowson welcomes this month’s £242m recommended bid for its third largest holding, Sipp provider Curtis Banks, the latest example of M&A benefiting the smaller companies fund.
Digital 9 considers external investors and more debt to bridge funding gap
Digital 9 Infrastructure could turn to external investors or hike borrowing to fund its investment pipeline now that a share issue has been made impossible by the stock’s derating after its two main managers quit.
Pacific Horizon makes Durrant its number two manager
Baillie Gifford’s Ben Durrant has been formally appointed as Roddy Snell’s deputy on Pacific Horizon investment trust.
Numis: Our four Reit tips from the real estate trust rout
A tough 2022 left London-listed real estate investment trusts (Reits) on wide discounts. While economic risks remain, broker Numis Securities believes much of this is priced in to the high-yielding shares.
Numis: Four Reit tips from the real estate trust rout
Despite the hard times of the last 12 months, investment bank Numis Securities has hope for a quartet of property trusts with sturdy foundations.
Henderson Diversified goes defensive before ‘hard landing’
Managers of the bond and loan fund have put nearly half their portfolio in investment-grade bonds, believing the downturn will hit less credit-worthy debt.
JPMorgan Japanese: Growth correction is almost over
After a challenging year, JPMorgan Japanese manager Nicholas Weindling is confident the correction in Japanese growth stocks is over, and remains committed to his tech-based themes.
Majedie to shun ‘alt’ assets with new manager Marylebone
Underperforming global investment trust says its new fund manager Marylebone Partners will prioritise ‘liquid’ bonds and shares in a new long-term endowment approach.
FTSE close to four-year high as miners and JD Sports rally
FTSE 100 is back on the front foot as reports of an improvement in global supply chains buoy markets. JD Sports leaps after a strong Christmas trading statement.
FTSE 100 close to four-year high as miners and JD Sports rally
The Index is back on the front foot as reports of an improvement in supply chains buoy markets. JD Sports also leaps after a strong Christmas trading statement.
Boatman challenges Home Reit auditor over independence
The activist investment firm adds to the real estate trust’s woes by questioning the independence of the auditor revising its annual report after allegations of overvaluation.
