How to tap into the AI boom via investment trusts
You can’t invest directly in Chat GPT but there are plenty of ways to play the emerging trend
Investment Trusts
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Fidelity China trust cuts fees after solid year
Performance was boosted by ‘robust’ stock picking in the consumer space
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Investment trust sector no longer ‘male and stale’
Investec’s Skin in the Game report found progress in gender diversity on trust boards and increased personal stakes by trust management
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Confidence in Edinburgh Worldwide trust wanes as shares slide
Shares fell nearly 14% as the Baillie Gifford trust lagged its benchmark
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JP Morgan Japanese IT has ‘begun to recover’ after bruising 2022
Multiple portfolio changes in six months to 31 March
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In defence of ‘sub-scale’ investment trusts
There are several trusts with brighter prospects than their diminutive size suggests
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Columbia Threadneedle trust defends approach despite lagging benchmark
Manager said FTSE oil giants’ returns are not sustainable
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Former Scottish Mortgage director accuses trust of being ‘seriously misleading’
Amar Bhide has addressed his concerns to the FCA
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Investigators find Home Reit adviser mishandled portfolio
‘Undeclared potential conflicts of interest’ between individuals associated with Alvarium and third parties
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Home REIT hires AEW as investment manager
Beleaguered trust also revealed rent collection had fallen to 13.1%
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Abrdn Japan trust to merge assets with Nippon Active Value Fund
Expected to complete in the third quarter of 2023
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Hargreaves Lansdown drags on FGIT performance
As Nick Train’s trust hugged its FTSE All-Share benchmark during H1