woodford stays among highest geared managers
Neil Woodford’s Edinburgh Investment Trust was among only 12 trusts with gearing greater than 15% of NAV at the end of September, as managers remained cautiously leveraged during the month.
Investment Trusts
-
-
further fears for fall in ashmore global opps trust nav
A 20% fall in a 20% holding of the Ashmore Global Opportunities trust has more NAV alarm bells ringing.
-
Latest Henderson name change for O’Neill’s Gartmore Trust
Brian O’Neill’s Gartmore Global Trust i the latest to go through the Henderson brand name change.
-
PA ANALYSIS: Correction made but small caps still strong
Small caps have a great 12 months compared to their larger equity peers but it is still too early to tell whether it as an indicator of the start of something more substantial.
-
PA ANALYSIS: Will Oeics get more independent boards?
Electric & General Oeic’s use of an independent board is unlikely to be copied by competitors.
-
Electric & General Oeic to have independent board
Electric & General’s roll-over option is an unique hybrid of investment trust and Oeic structures.
-
Julie Dent retires from F&C and hands over British Assets Trust
Julie Dent will retire from F&C in September, handing over her British Assets Trust to Phil Doel.
-
PA ANALYSIS: Investment trust buyers looking for income
Investment trust buyers still show a clear preference for older, more traditional income portfolios.
-
Discounts could widen across investment trust sector
Winterflood is predicting a widening of discounts for investment trusts and the investment sector.
-
Poor sentiment towards equities benefits Euro Assets trust
The £122m F&C-managed trust saw its NAV rise 12.5% in sterling terms over first half of 2011.
-
Schroders to take on Invista Foundation Property Trust
IFPT has appointed new managers but the board is still considering a merger with another trust.
-
Healthcare out of its doldrums and in need of specialist care
Since the turn of the year, the defensive healthcare and biotech funds have given solid returns.