Markets
The Investment Trust Challenge
4 investors, 12 months, £16,000
supported by
New Model Adviser® has staked £16,000 to test our four contenders' skill at selecting investment trusts in our charity challenge. The winner will claim the prize pot for a cause of their choice. Read the rules.
France and Greece force uneasy Chorley to play it safe
With the largest cash allocation in our competition, and now in second place, Andrew Chorley’s anxieties have been heightened by election results in France and Greece.
Bearish Sandham buys RIT
Still bringing up the rear, David Sandham is staying in defensive mode on the strength of nervous market sentiment and has bought into RIT Capital Partners for capital preservation.
Why advisers have cold-shouldered investment trusts
Advisers may represent less than 1% of ownership of investment trusts, according to research by JP Morgan.
Meet the contenders
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Investment trust news
- Citywire Selection: Have our underperformers bounced back?
- Alliance fends off Laxey's second assault
- Fund of the Week: British Empire
- Hugh Young: Bo Xilai case shows China pundits ‘don’t have a clue’
- Ten of the best investment trusts for income
- Tulloch to replace Rippingall on Scottish Oriental Smaller Cos
- Witan presses for shake-up at troubled 3i
- AIC welcomes postponement of new VCT rules
- Brewin eyes up Aberdeen's pitch for Alliance mandate
- Alliance fights back as Aberdeen looks to oust Garrett-Cox
- Fidelity drops Special Situations fund from 'Select' list
- S&P downgrades beleaguered 3i Group
- Standard Life Property Income touts 7% yield
- Investment trusts: where to play discounts right now
- It's round two for Laxey-Alliance but investors don't care
- Brevan Howard: three risks we're watching
- How our seven emerging market picks performed
- Biotech fund manager: why we’re sitting on our cash
- HgCapital Trust reports dull 2011
- Laxey launches fresh attack on Alliance Trust
- Private equity investment trusts seen as ‘value opportunity’
- Aberdeen’s Stout condemns QE as ‘economic vandalism’
- Face to face with Anthony Bolton
- Bolton downplays Chinese bank crisis fears
- Bolton sets July deadline for decision over China future
- When an investment trust can beat its Oeic sister
- RDR impact on investment trusts will be 'marginal', claims survey
- SVG leaps on £50 million share buy-back
- Investment trusts: Electra looks to put £400m war chest to use
- Schroders eyes Reits for new US Income Maximiser
- Aeriance unveils closed-end fund for property loans
- Curling takes over Jupiter IT fund on Harrington departure
- F&C suffers £4bn outflow as insurers pull assets
- 3i laments ‘softening’ earnings from its companies
- ‘Meaningful growth’ in 3i Infrastructure dividend expected
The Knowledge Centre
Catch up ahead of the RDR with these guides from the Association of Investment Companies
Citywire Selection
Citywire's independent analysts have scoured the investment universe to come up with a recommended list of funds, ETFs and investment trusts.
Investment trusts in Selection
Absolute Return
Asia Pacific
Commodities
European Equities
Global Emerging Markets
Global Equities
- Murray International Trust
- Edinburgh Worldwide Trust
- RIT Capital Partners
- British Empire Securities & General Trust
Property
Specialist Equities
UK Growth
The rules
Citywire has given £4,000 to each of the four participants in the New Model Adviser® investment trust challenge to invest in investment trusts which will run between 1 January and 31 December 2012.
The participant who has generated the highest return (after costs) will win the competition and any surplus from all of the portfolios will be donated to a charity of their choice. Citywire will also match the winner's surplus. So if a participant wins with a surplus of £1,000 pounds we will pay an extra £1,000. If none of the participants make a surplus then Citywire will give 10% of the overall residue to charity. The surplus will calculated after costs have been deducted.
The participants are free to invest in any investment trust available through the Transact platform with no constraints on their investment strategy.
You can track the participants' investment trust picks and performance over the year here while Citywire head of research Jon Miller will comment on the portfolios including the level of risk taken by participants.