Nick Train braces for tough period as Finsbury Growth & Income hit by value rotation
‘Steady plodders’ such as Unilever dropped off at the end of 2020 on positive vaccine news
Investment Trusts
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Ex-Woodford holdings continue to knock Schroders trust as NAV plunges 20%
Writedowns highlight the challenges of the managers inheriting a portfolio comprised of illiquid investments not of their choosing
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Ken Wotton’s trust granted a reprieve as shareholders reject wind-up proposal
Rebel shareholders Ian Armitage and Jonathan Morgan had been pushing for the trust’s liquidation
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William Buckhurst: Investment trusts prove trustworthy in the dividend drought
‘There is often no choice but to keep an income flowing, drought or no drought’
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Will Baillie Gifford avoid the major handover pitfalls as James Anderson departs?
Style drift, bad stock-picking and misinterpreting the investment process are the main risks when an established manager passes the baton
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James Harries nixes IG from £201m trust over governance concerns
UK spread-betting company purchased US online broker Tastytrade for $1bn without shareholder approval
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James Anderson to retire from Baillie Gifford next year
Tom Slater will continue to run Scottish Mortgage with Lawrence Burns becoming deputy manager on the £16.5bn trust
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DFMs tap investment trusts for income and alternatives during pandemic
UK Equity Income was one of the most purchased AIC sectors in the first three quarters of 2020
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Nick Preston: Avoid getting burned in the red hot logistics market
It has been easy to make money in logistics but managers are going to have to start earning their fees
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Smithson more than doubles benchmark return on healthcare boost
Top contributor to performance during the year was Danish healthcare equipment supplier Ambu
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Rebel shareholders call to wind-up Ken Wotton’s £178m trust
Board’s decision to appoint Gresham House and scrap discount control mechanisms has created major issues for Strategic Equity Capital
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Baillie Gifford trusts claw back losses as Stripe sees valuation surge to $95bn
Scottish Mortgage’s 0.8% stake was valued at £124.5m at the end of September