Investment Trusts - Page 2RSS
Frontier markets have huge untapped potential – where else can you have the fun of investing in the likes of Nigerian banks and Iraqi oilfields in the same portfolio?
Brooks Macdonald has netted £38.6 million for its Ground Rents Income fund, the real estate investment trust it advises.
Fears about growth in China have resurfaced after figures for the first quarter disappointed investors, making the once thriving tiger look more like a pussycat. But nearby Macau is bucking this trend thanks to its thriving gaming industry.
(Update) Brokers have welcomed the news that Citywire AAA-rated Dean will take on the trust when Schroders completes it acquisition of Cazenove Capital in July.
After joining Premier from Utilico 10 months ago, Smith has narrowed significantly the trust's portfolio, by making changes to roughly 90% of its previous holdings and selling out of underperforming regions causing a drag on performance.
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Andrew Lilico of European economics aimed to put to bed misconceptions about the problems in the continent as he took the stage at Citywire Scotland in Turnberry.
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