Markets
Investment Trusts - January 2012RSS
Davies steps into Jupiter limelight as Harrington exits
UK analyst Steve Davies has been handed his first portfolio at Jupiter, assuming control of the firm's underperforming £92 million Undervalued Assets fund following the departure of Patrick Harrington.
IT Insider: can Caledonia recapture its magic touch?
Will Wyatt, a long-standing employee, was appointed MD in July 2010. Since taking over he has cut the number of holdings, increased the portfolio yield and established an ‘income & growth pool’ within the portfolio with a target yield just under 5%.
Montanaro: solid alpha is rarely this cheap
It is all too easy to hide behind the curtains and wait for better times. But investors risk missing on the chance to access some of the world’s strongest companies at increasingly attractive valuations.
Aeriance unveils exclusive residential property fund
The £100 million closed-ended debt fund provides access to bridging loans for residential property transactions in London at the high end of the market and targets a 10-12% annual return.
No surprises as 'softening' earnings take a toll on 3i
Shares in the private equity investment trust dropped 4%, nearing a 34-month low, after chief executive Michael Queen warns its operating environment remains tough.
Are investors hunting the wrong trusts for income?
With bank rates stuck at all-time lows, specialised property and infrastructure trusts have been attracting hordes of income-hungry investors. But are shareholders flocking to the best funds?
Schroders plans Invista trust review and rebrand
The trust will change its name to reflect Schroders coming on board, and is conducting a strategic review of its processes.
Michael MacPhee: why I'm banking on Brazil
The Mid Wynd manager is hoping his bets on Brazil will protect his trust's returns as growth weakens in China and most of the west.
IT Insider: give me credit - the best of debt funds
2011 was not a great year for raising money, but closed ended credit launches successfully gathered capital, if not always delivering on their promises.
Finding genuine value in deep discount private equity
Should equity markets suffer further in 2012, listed private equity would not be immune.
Six trust stars tipped to weather the storm
Canaccord Genuity's Paul Locke is backing these stand-out closed-ended funds to deliver and defend.
Bolton: China not the 'pack of cards' many say will fall
The next 12 months will prove China sceptics wrong, Fidelity's Anthony Bolton has said.
Hugh Young: China will avoid 2012 crash
The veteran Asia investor says the world's second largest economy might be going through a transition but it will avoid the much feared hard landing scenario.
Hewitt's F&C Managed Portfolio Trust issues 40m shares
Peter Hewitt’s fund of investment trusts could double in size if there is enough interest in the new shares, which are expected to trade at a premium to net asset value of 2.5%.
Ex-Kleinwort and Deloitte heads join board of Middle East trust
A former Deloitte chief executive officer and ex-Kleinwort Benson Private Banking head have joined the board of a new closed-ended investment fund targeting returns in the 'under-valued' Middle East.
How to avoid the deceptive appeal of discount value traps
Lured by what appears to be great value, many investors buy what ends up being a value trap
IT Insider: the winning trusts of 2011- and some ideas for 2012
The standout winners of 2011 were a few property trusts bouncing off the lows of the past couple of years
Morningstar takes neutral view on Bolton's China trust
Morningstar's new investment trust qualitative ratings service has awarded Anthony Bolton's Fidelity China Special Situations trust the second lowest possible rating.
How Phil Doel has restructured the British Assets trust
F&C's Phil Doel outlines the changes he's made to the trust since assuming control of it in last July and how he is positioning it for the challenges ahead.
Rathbone's Coombs: 'Cosy' investment trusts not independent enough
Rathbone's head of multi-asset David Coombs believes investment trusts are in desperate need of a makeover and says wealth managers should have greater representation on their boards.
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Omam's Stewart Cowley on the domino effect of a Greek exit
Greece set for hyper inflated Drachma
