It's just as well holders of Bruce Stout's global equity income trust are paid to wait with a high dividend yield as its positioning has been wrong in recent years.
Downing Strategic Micro-Cap attempts to draw line under its falling share price, claiming portfolio of small listed companies offers over 100% upside.
‘“Be careful what you wish for”, in terms of working from home. Because if you can work at home, you could work at home in India at 40% of the cost,’ say fund managers Abby Glennie and Amanda Yeaman.
FTSE 100 fall back below 6,000 as Morrisons leads supermarkets lower after coronavirus costs cut profits.
Standard Life UK Smaller Companies trust manager Harry Nimmo continues to rejig portfolio as he strives to minimise the damage from coronavirus.
Fund managers of F&C, Martin Currie Global Portfolio and North American Income calm about US election risk and the recent wobble on Wall Street, believing corporate earnings growth will resume next year.
Japan fund managers have welcomed Warren Buffett as a fellow investor, though they are surprised by at the legendary US investor’s $6.3bn bet.
Estimates from fund settlement service Calastone suggest sentiment towards UK equities even worse than after EU referendum and explains why many UK trusts trade on double-digit discounts.
Tellworth Investments founders Paul Marriage and John Warren are looking to raise £100m when they float their new UK equity trust.
With three new investment companies on the launch pad, James Carthew reviews the progress of four trusts launched since last year.