COVID positive In common with other Asian-focused trusts, Aberdeen New Dawn (ABD) has recovered the ground it lost in the early stages of the COVID-19-related market fall and moved into positive territory for 2020 (in NAV terms at least). James Thom, ABD’s manager, was able to make some opportunistic purchases for the portfolio as other […]
COVID positive In common with other Asian-focused trusts, Aberdeen New Dawn (ABD) has recovered the ground it lost in the early stages of the COVID-19-related market fall and moved into positive territory for 2020 (in NAV terms at least). James Thom, ABD’s manager, was able to make some opportunistic purchases for the portfolio as other […]
Real Estate Roundup Kindly sponsored by Aberdeen Standard Investments Performance data July’s biggest movers in price terms are shown in the chart below. A number of REITs and property companies saw big share price gains over the month of July as covid-19 restrictions started to ease across the UK and greater economic stimulus was revealed. […]
Investment Companies Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Table of contents New research Performance data Discounts and premiums Money in and out Major news stories Income Events Guide Appendix – Performance by sector full list New research Here is a list of research we published over July: Seneca Global Income & Growth – […]
Economic & Political Roundup Kindly sponsored by Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
Hot stuff The covid-19 pandemic has heavily impacted global uranium production, taking around 20% of global capacity offline. This has exacerbated the supply deficit, leading to users running down inventories at an even faster rate. The net effect has been a rising uranium price (up 32% so far in 2020), but the managers of Geiger […]
On the 20th July QuotedData hosted a webinar entitled “Covid-19 – Impact on Markets”. The webinar provided both professional and private investors access to 3 investment company managers covering either specific geographic regions or investment sectors. The managers discussed their funds and shared their views on the potential changes for their investment area following the pandemic […]
Hot stuff The pandemic has heavily impacted global uranium production, taking around 20% of global capacity offline, exacerbating the supply deficit and leading to users running down inventories at an even faster rate. The net effect has been a rising uranium price (up 32% YTD), but the managers of Geiger Counter (GCL) believe that there […]
On the rebound Seneca Global Income & Growth Trust’s (SIGT’s) UK-biased value style and mid-cap exposure suffered heavily during the first quarter of 2020 as markets collapsed – its net asset value (NAV) fell by some 30.4%. However, the manager used the rout to take advantage of deep value opportunities and SIGT has benefitted as […]
On the rebound Seneca Global Income & Growth Trust’s (SIGT’s) UK-biased value style and mid-cap exposure suffered heavily during the first quarter of 2020 as markets collapsed – its NAV fell by some 30.4%. However, the manager used the rout to take advantage of deep value opportunities (increasing exposure to UK equities, for example) and […]
QuotedData’s property summer conference – weekly webinar series Throughout the month QuotedData hosted a weekly webinar property conference. The series covered 18 property companies. We would like to thank all our speakers for providing their thoughts on property markets and our attendees for joining us. Click below to watch the recordings – Week 1 Aberdeen […]
QuotedData’s property summer conference – weekly webinar series Throughout the month QuotedData hosted a weekly webinar property conference. The series covered 18 property companies. We would like to thank all our speakers for providing their thoughts on property markets and our attendees for joining us. Click below to watch the recordings – Week 1 Aberdeen […]
In this week’s show, James Carthew talked to Steven Tredget of Oakley Capital Investments about the trust, it is managed and the wide (double) discount that it trades on. Watch it again here If you were looking for James Carthew’s roundup of the week’s news, this is now in the news section (seemed more logical!) […]
Preference shares paying dividends Shires Income (SHRS) has been weathering the dividend crisis better than many of its peers. Holding a portfolio of preference shares, which contribute over 30% to income generation – and, crucially, have not been affected by regulatory restrictions on dividends – is a major competitive advantage. SHRS’s manager, Iain Pyle, expects […]
Preference shares paying dividends Shires Income (SHRS) has been weathering the storm of dividend cuts better than many of its peers. Holding a portfolio of preference shares, which contribute over 30% to income generation – and, crucially, have not been affected by regulatory restrictions on dividends – has proved to be a major competitive advantage. […]
COVID-19 is creating havoc in some parts of the property sector but others are thriving. On Wednesday 29th July we held the fourth of our summer property webinars where the managers of Triple Point Social Housing, CEIBA Limited, Supermarket Income REIT, Schroder European Real Estate Investment Trust gave presentations on their fund, the property sector as a whole and […]
Interview with Craig Baker on Alliance Trust In this week’s show, James Carthew talked to Craig Baker, chief investment officer of Willis Towers Watson and chairman of the investment committee of Alliance Trust. Craig explains how the global investment trust is managed. Watch it again here We’ll be back next week (31 July at 11am), […]
COVID-19 is creating havoc in some parts of the property sector but others are thriving. On Wednesday 22nd July we held the third of our summer property webinars where the managers of BMO Commericial Property Trust, Standard Life Investments Property Income, Hibernia REIT and Grit Real Estate Income Group gave presentations on their fund, the property sector as a […]
Favourable style and structure Henderson Diversified Income (HDIV) is managed with a distinct investment style which favours businesses with sustainable cash flows. Some of the sectors that have been worst affected by the COVID-19 pandemic, such as airlines and energy, were therefore absent from the portfolio. The managers took advantage of HDIV’s closed-end structure to […]
Favourable style and structure Henderson Diversified Income (HDIV) is managed with a distinct investment style which favours businesses with sustainable cash flows. Some of the sectors that have been worst affected by the pandemic, such as airlines and energy, were therefore absent from the portfolio. The managers took advantage of HDIV’s closed-end structure to take […]
James Carthew’s weekly news roundup show for Friday, 17 July, covers Personal Assets’ great track record and another dilutive share issue from Adamas Finance Asia, and an interview with Nick Wood, head of Investment Trust Research at Quilter Cheviot. Listen back here If there is a guest speaker you’d particularly like to hear from, please […]
Real Estate Quarterly Roundup Kindly sponsored by Aberdeen Standard Investments A polarised lens The covid-19 pandemic continued to wreak havoc in the real estate in the second quarter, but a polarisation of sectors and funds has started to become apparent. Companies focused on the retail, leisure and hospitality property sectors had already seen huge negative […]
COVID-19 is creating havoc in some parts of the property sector but others are thriving. On Wednesday 15th July we held the second of our summer property webinars where the managers of Tritax Eurobox, Ground Rents Income Fund, BMO Real Estate Investment Trust, Civitas Social Housing and UK Commercial Property REIT gave presentations on their fund, […]
Share price out of sync? Private equity fund of funds, like Standard Life Private Equity (SLPE), have been on the periphery of the recovery in risk assets. Investors have attempted to anticipate the COVID-19 impact on NAV), given the lag in valuing unlisted companies, but have failed to reflect the rebound in markets. With its […]
Share price out of sync? Private equity fund of funds, like Standard Life Private Equity (SLPE), have been on the periphery of the recovery in global stocks. Investors have attempted to anticipate the COVID-19 impact on net asset value (NAV), given the lag in valuing private companies, but have failed to reflect the rebound in […]
Africa, substantially de-risked Grit Real Estate Income Group (Grit) is flying the flag for African real estate investment. The significant growth potential of the continent’s emerging economies has always come with some degree of risk attached to it. However, Grit’s investment strategy enables it to retain exposure to that growth potential, while substantially de-risking it […]
Africa, substantially de-risked Grit Real Estate Income Group (Grit) is flying the flag for African real estate investment. The significant growth potential of the continent’s emerging economies has always gone hand-in-hand with some degree of risk. Grit’s investment strategy, however, retains exposure to that growth potential, while substantially de-risking it through US dollar and euro […]
Investment Companies Quarterly Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Table of contents In this issue Performance data Positive movers Negative movers Discounts and premiums Getting more expensive Getting cheaper Money in and out Money in Money out Major news stories Upcoming Events New research Guide The legal bit When the going gets […]
James Carthew’s weekly news roundup show for Friday, 10 July, covers Atlantis Japan’s wide discount, the failings of SQN Asset Finance Income, the success of Primary Healthcare Properties, and an interview with Alan Gauld, manager of Standard Life Private Equity. Listen back here If there is a guest speaker you’d particularly like to hear from, […]
COVID-19 is creating havoc in some parts of the property sector but others are thriving. On Wednesday 8th July we held the first of our summer property webinars where the managers of Aberdeen Standard European Logistics Income, TR Property Investment Trust, Schroder Real Estate Investment Trust, LondonMetric Property and Tritax Big Box REIT gave presentations on their fund, the property sector […]
