Merchants Trust | Research

The UK stock market may be going through something of a revival, according to Simon Gergel, Chief Investment Officer for UK Equities at Allianz Global Investors and Lead Portfolio Manager of The Merchants Trust.

The Merchants Trust seeks to deliver a high and rising income stream to shareholders and has this year achieved 41 consecutive years of dividend growth. Simon Gergel, the trust's manager and CIO of UK equities at Allianz Global Investors, provides an update on the recent performance and positioning of the trust highlighting Pets at Home and Inchcape as key holdings. Simon also unpacks the state of the UK stock market, and explains how opportunities have been created for value oriented managers.

The Merchants Trust, managed by Allianz Global Investors, was established in 1889 and its objective is to provide an above average and growing level of income and long-term growth of capital for its investors. 2023 marks the trust's 41st consecutive year of dividend growth. Simon Gergel, the portfolio manager, introduces the strategy which has been behind the trust's strong track record for so many years.

Simon Gergel provides an introduction to The Merchants Trust. Established in 1889, The Merchants Trust PLC has, throughout its history, provided shareholders with an opportunity to benefit from investment in a diversified portfolio of leading companies with strong balance sheets and the potential to pay attractive dividends