It has been a disappointing year for the defensively-oriented Capital Gearing Trust, which has just announced an NAV decline of 3.6% in its annual accounts to the end of March.
The broker Numis has recently updated its recommended list of investment trusts for the year. It’s an interesting report that highlights two new additions, as well as several attractive discount opportunities amongst the funds already on the shortlist.
It has been a tough year for investors in Scottish Mortgage with results to the end of March revealing an NAV total return well below the FTSE All-World benchmark.
It has been a tough time for investors in Baillie Gifford with the growth-oriented fund management group suffering poor returns right across the board after an extended period of fantastic performance.
The £660m Schroder Oriental Income Trust has an unusual remit in that it mainly invests in dividend-paying stocks in the Asia Pacific region.
It’s a tricky time for investors at the moment with annual UK consumer price inflation still over 10%.
Growth investing has outperformed value for more than a decade, but the significant recent shift in the macro environment has resulted in a massive change in fortunes.
There are not many investment trusts that purport to offer a double digit yield, but one of the few exceptions is the $220m Fair Oaks Income that is currently paying 16%.
The hedge fund BH Macro has just released an impressive set of results.
The £1.3bn Impax Environmental Markets aims to generate long-term capital growth by investing in companies that are providing innovative solutions to the world’s environmental challenges.
