Monks trust dragged down by growth stocks slide
Trailing FTSE World index for second year in a row
Monks Trust
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Monks disappoints despite ditching Tencent and Peloton
Baillie Gifford trust ejected 20 firms from its portfolio in the past year
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Independent and Monks trusts to merge as James Anderson’s predecessor retires
Self-managed trust will see its assets rolled into £2.5bn Baillie Gifford run vehicle
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Monks underperforms in first results since Charles Plowden’s exit
Managers say pandemic has triggered ‘an avalanche of change’ which is not yet fully understood or appreciated
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Smith & Williamson ditches Henry Dixon fund for Monks trust as it tempers value slant
Man GLG Undervalued Assets among four equity positions trimmed or exited
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Monks outperforms as tech names keep it afloat during Covid crisis
Lead manager Charles Plowden is retiring at the end of April next year
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Monks adds tier to management fee structure
The Monks Investment Trust has added another tier to its management fee charging structure to pass on economies of scale gained from its growing size back to investors.
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Monks moves to a premium after strong six months
Holdings in Alibaba, Nvidia and Naspars helped propel the Baillie Gifford managed £1.6bn Monks Investment Trust to almost double the return of its benchmark index for the six months to 31 October, the closed-ended company announced today.
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Plowden slams ‘dangerous’ ETF boom as root of next crisis
“The world has gone mad” Baillie Gifford’s Charles Plowden has said, comparing the boom in exchange traded funds (ETFs) to the hysteria which led to the global financial crisis.
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Monks IT adds tiered charging in £500k fee cut
Baillie Gifford’s £1.5bn Monks Investment Trust is launching a tiered charging structure to pass on economies of scale gained from its large size back to its investors.
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monks trust sees nav fall by 10 in six months
According to its latest six monthly figures, Monks Investment Trust sees falls in its share price and returns.