John Bennett europe recovery
The recovery in the European economy is pretty tepid, but the fundamentals have stopped getting worse, which is all it takes for investors to profit, says John Bennett, fund manager of Henderson European Focus Trust.
The recovery in the European economy is pretty tepid, but the fundamentals have stopped getting worse, which is all it takes for investors to profit, says John Bennett, fund manager of Henderson European Focus Trust.
Threadneedle has shelved the launch of its asset backed securities trust.
BlackRock’s $36bn duo is readying for the inevitable rise in US interest rates.
F&C’s US Smaller Companies Trust could find its premium come under pressure following the resignation of Robert Siddles, who has decided to join Jupiter.
Investec Wealth & Investment has upped its position in Neil Woodford’s Edinburgh Investment Trust, taking advantage of its drop to a discount after the star announced his exit from Invesco Perpetual.
Edinburgh Investment Trust is already coming under pressure, and its board is being tipped to launch a beauty parade following the announcement Neil Woodford would depart.
BlackRock’s Sam Vecht is looking to out of favour energy giant Gazprom to power his £111.1m Emerging Europe trust.
During the summer months, investors have been researching investment trusts in greater detail, with the top-ten most sought-after trusts detailed on the following pages.
Closed-ended fund BlackRock Frontiers has exceeded the £50m target for its C share issue, attracting more than £63m while a new wind and solar fund, Renewables Infrastructure Group (TRIG), raised £300m from its IPO.
The investment trusts most frequently searched for on Morningstar's online service over the second quarter were those with which investors have a high degree of familiarity concerning the management style.
The John Laing Infrastructure Fund (JLIF) has agreed the acquisition of 11 operational and yielding assets in a deal worth around £123m.
Investment trusts have outperformed their open-ended equivalents in 14 out of 16 sectors over the past 10 years, with property the only category that has consistently bucked this trend during that period, according to a study by Canaccord Genuity.