Investment Trust News

For investors who have happily ridden the AI tiger this year, the question now is simple: do you start edging towards the exit?

The proposals, set out in a circular published this week, mark the latest attempt by the fund to address a persistent discount to NAV.

The arguments for investing in Asia are relatively well-known but arguments for investing in Asian smaller companies are much less recognised

In 2025, SDP's strongest regional returns came from Singapore, China, Taiwan and Korea, jurisdictions benefitting from a confluence of factors.

We take a look at the changing market backdrop in the context of what has gone before, and identify three stocks at low valuations

Baillie Gifford responds to Saba Capital's takeover bid by suggesting a merger with another trust, but will it be enough?

The trust’s positions in Chemring, Babcock and QinetiQ were among the standout performers, bolstered by long-term order visibility.

Baillie Gifford is not accustomed to hot-tempered rebellion. But the fund manager's calm has been shattered once again.

America’s latest skirmish over drug prices has placed weight-loss and diabetes medicines squarely in the political and financial crosshairs.

UK Small Cap sentiment is out of step with reality and fears over the UK’s domestic growth may be clouding investors' judgment

HICL Infrastructure and TRIG have agreed terms for a transaction that will create the UK’s largest infrastructure trust.

Global leaders are recognising India’s economic growth potential, a key selling point for investment in the country’s stock market

Two of the UK’s leading global equity income trusts are to merge in early 2026, in a move aimed at creating a larger and more liquid vehicle.

Schroder Income Growth Fund, one of the UK’s oldest equity income trusts, has delivered another strong set of annual results.

The torrent of money pouring into artificial intelligence (AI) has invited comparisons with the dotcom boom.

International Biotechnology Trust has delivered another year of robust performance, defying a volatile market backdrop.

The Nikkei has surged past record highs, and the mood in Tokyo’s financial district is the most buoyant in a generation.

More must be done to simplify the tax free route to investing for UK residents and abolish archaic taxes on investment trusts.

Since its inception in May 2018, OIT has generated a NAV total return of 70.2 per cent, equivalent to an annualised gain of 7.4 per cent.

As India enters its festive season, hopes are high that celebrations will rekindle consumer spending and, in turn, boost economic growth

Investment trust managers talk to us about how important blockchain and digital assets have come and how they are positioned.

Investors have found that volatility and uncertainty in the financial markets can be found everywhere and consequences tend to be short-lived

The latest benchmark beating numbers underscore the resilience of Target's portfolio, despite a challenging operating environment.

The overall income yield of the Chinese market, at 2.4%, is still relatively low but there is scope to pay higher dividends

Schroder Japan Trust [LON:SJG] has posted another year of strong performance, outpacing its benchmark, Japan's TOPIX index

A recent panel in the City discussed the lack of digital engagement from the investment trusts sector within their current marketing approach

Investment trusts can be a vital tool in supporting a long and ambitious retirement helping to deliver reliable growth in income

The London-listed investment trust delivered a share price total return of 9.8 per cent for the year to June 30, 2025.

Petershill Partners confirmed plans to return almost $1bn to shareholders and withdraw from the London market.

A rebound in share prices has lifted the fortunes of one of the City’s stalwarts: UK Equity Income investment trusts.

The PRS REIT has agreed non-binding heads of terms to sell its operating subsidiary, which holds its entire portfolio of rented homes.

Global equity markets have demonstrated a degree of resilience in the first half of 2025 but the US remains a source of uncertainty

Investors have rushed back into precious metals, spurred by geopolitical instability and inflationary jitters.

Despite subdued headline returns, trust highlighted resilient operational performance across portfolio of unquoted technology businesses.

Hargreaves Lansdown is set to become the first retail investment platform in the UK to offer LTAFs inside its self-invested personal pension.

A new survey from Wealth Club suggests that real estate managers are preparing to court ordinary investors through “semi-liquid” funds.

There is renewed interest in the UK market that holds real opportunities, with some interesting companies trading at low valuations

Utilico Emerging Markets Trust is introducing a package of measures to narrow the gap between its share price and net asset value.

The UK’s private equity investment trust sector has welcomed the government’s move to broaden access to long-term investments via ISAs.

Issac Thong, the new lead manager of Aberdeen Asian Income Fund gives his take on the trust, stockpicking and investing in Asia

Schroder British Opportunities is proposing a strategic pivot that would see the fund narrow its focus exclusively to private equity.

UK REITs are likely to deliver better returns for investors as the sector continues to consolidate, improving quality and scale.

Donald Trump’s tariff regime is facing a range of legal challenges but there are alternative routes to implementing tariffs

The Hedge Funds sector offers opportunities for investors looking for high-risk investments

For investment trusts with a focus on domestic Asian or global demand, the negative impact of US tariffs is likely to be limited

Foresight Solar has expanded its share buyback programme by up to £10 million, bringing the total potential allocation to £60 million.

Corporate governance reforms are making Japanese companies more reactive to foreign investors, and creating opportunities in small caps.

The UK North East-focused investment fund Develop North is seeking shareholder approval to broaden its investment remit.

Aberdeen Equity Income's dividend could prove an attractive proposition for investors in times of market turbulence

It’s a rare moment when an entire asset class is trading in the bargain basement. But such is the case with real estate investment trusts.

Fund manager Oakley Capital is to realise its investment in Spanish legal technology firm vLex, now valued at over $1 billion.

Co-Managers of Murray International Trust favour the “bottom-up” investment approach to identify stocks to navigate any challenges

European investment trust sector offers new opportunities for investors as Europe pivots due to new US policy and Middle East conflict

The Global Emerging Markets sector offers opportunities for investors looking to diversify out of Europe, but still into large global names

We talk to Richard Brown, CEO of Castelnau, one of the investment trusts short-listed in the Online Money Awards 2025.

Here are some of the tests, measures and guidelines investors can apply when researching Asia's brightest investment opportunities

The UK residential property investment trust sector offers opportunities for investors wanting to dip into the property market

Earnings growth alone should drive the performance of smaller companies this year, but what about that elusive re-rating

Crystal Amber has demonstrated what an activist investment approach can achieve in the UK smaller companies market.

The Association of Investment Companies is demanding that investment platforms be compelled to notify investors about corporate actions.

Here are three ostensibly uninspiring themes that could deliver dependability for investors in Asian small-caps

Quality companies are rare, and hard to find but Murray Income Trust has made it their business to discover them

How one investment trust has demonstrated that astute stock picking can beat the passive gold sector options out there.

A shift in focus away from the US technology giants may see investors reappraise the value on offer in dividend strategies

If you’re planning to use your valuable tax-efficient ISA allowance this year, why not act sooner rather than later?

David Barron gives his perspective on the role of an investment trust board, and the importance of effective oversight

Gary Channon, CIO at Phoenix Asset Management Partners, on why he is keeping the faith with value investing.

Direct engagement with investee companies provides unique insights that data alone cannot, especially in emerging markets.

The AIC's Commodities & Natural Resources sector: A pick 'n' mix collection of funds with different strategies on building a better mousetrap

Iain Pyle, Lead Manager of Shires Income PLC looks at the case for investing in the US versus the UK and the risks involved

The Commodities and Natural Resources sector is a varied and exciting sector with a diverse range of investment companies to choose from

The Worldwide Healthcare Trust celebrates 30 years this year but it's the next 30 years that look really exciting

North America offers great opportunities in the new Realpolitik of the second coming of Trump, but risks lurk at the fringes

Managing over £12bn, the AIC UK Equity Income sector blends tradition and performance, with long-standing trusts leading long-term returns while newer funds shine in the short-term

The UK’s smaller companies are well-versed in navigating difficult periods and they have been through worse periods than this

Majedie Investments has been preserving and growing the wealth of the Barlow family - and other investors - for over a century.

Saba Capital's activism campaign has been a wake up call for investment trust boards - but what changes can they make?

Tariffs are not new, and good companies can navigate these threats. This is an environment that requires some flexibility by investors

The scope for diversification in Asia equities is greater than many investors appreciate. The key lies in moving beyond the bigger picture

With the ISA deadline approaching, the AIC has a list of the 20 best performing investment trusts over ten years

While demand for sustainable solutions remains strong, persistent discount levels and lacklustre performance have proved challenging

Activist fund manager Saba Capital has built up positions in around 17 investment trusts in a bid to force through board changes.

Baillie Gifford UK Growth Trust confident of a return to profit for the UK market as government prioritises economic growth

Just as the snake will periodically shed its skin, can China shake off its recent weakness and emerge renewed in the year ahead?

Shareholders of both Baillie Gifford US Growth and Keystone Positive Change votes against Saba's proposals.

Fidelity Special Situations investment trust gives investors exposure to a broad segment of the Chinese economy.

The Association of Investment Companies has argued that reforms are needed to compel investment platforms to communicate better.

More critical votes are on the horizon as US hedge fund Saba Capital seeks to make changes at six investment trust boards.

Baillie Gifford US Growth is facing the Saba vote at end of the month and will prove to be a test-case as to how the other votes will go

As voting deadlines approach, analysts and industry bodies question whether Saba's bid can stay inside UK governance rules

Polar Capital Technology Trust leads its AIC sector over one-year and Manager, Ben Rogoff is bullish on the potential of AI

Saba Capital is proposing to take control of no less than seven London-listed investment trusts and make their own board appointments.

Association of Investment Companies' members tip healthcare, technology and North America as the best-performing sectors for 2025

We review the top-five performing investment trusts over 2024, featuring a mix of sectors including private equity and space travel

CT UK High Income Trust offers investors a good income but with an adventurous investment mandate it is also aiming to deliver capital growth

JPMorgan Emerging Europe, Middle East & Africa investment trust has a chart-topping year as expands its investment mandate

Baker Steel Resources Trust takes a brave approach to investment in early-stage mining opportunities. Paying off as is top performer in sector

Chenavari Toro picks up on growing trend since GFC of bank lending switching to private lending and securitisation.

The economic outlook is uncertain and the US equity market is fully valued but quality opportunities are still on offer

Allianz Technology Trust follows the big beasts in the technology sector in the hunt for consistent long-term rewards.

British & American is the top-performing investment trust over one year and offers investors a very concentrated portfolio

The US markets are now a huge weight in many major global indices, and this may be a risk for investors targeting a diversified portfolio

On the podcast this week we talk investment trust portfolios with Peter Hewitt, fund manager of the CT Global Managed Portfolio Trust.

The Law Debenture Investment Trust is a top UK Equity Income performer over the longer term on the back of a bottom-up value-driven approach

Greece has come a long way since it threatened to crash the Euro - does it now offer investors some of the best prospects in Europe?

JPMorgan US Smaller Companies is strategically positioned to take advantage of a potential post-election uptick in smaller US companies

Asia Dragon Investment Trust looks to the emerging markets of ASEAN to drive investment and regional growth over the longer term.

MIGO Opportunities is consistently outperforming its sector peers by finding hidden gems amongst unloved and undervalued investment trusts

Murray Income Trust looks for UK companies that are exposed to a number of key areas of structural growth in the global economy

Baillie Gifford US Growth is the top performer in its sector over one-year with its ability to invest in private-held companies seen as a bonus

We take a look at Bluefield Solar which harnesses the power of the sun for sustainable returns through its investment in a diversified portfolio of UK solar assets

New rules are coming for UK funds, but in the meantime investment trusts are being exempted from cost disclosure regulations.

In our latest Investment Trust report, we look at European Smaller Companies IT which seeks niche players and sector leaders, finding the winners of tomorrow at a reasonable price

Greencoat Renewables is prioritising agreements with market leaders and blue chips that provide clean energy to large technology companies

The Bank of England's long-awaited interest rate cut offers a number of positive implications for the Shires Income portfolio

Rockwood Strategic's team's quest to identify undervalued UK smallcaps leads to consistent outperformance of sector

Today, we take a look at Mercantile Investment Trust which leads the AIC's UK All Companies sector, championing UK mid- and smallcap companies

3i Infrastructure fund beats competition out of the market offering a +227% return over the last decade through disciplined thematic process

New companies coming into the dividend fold is always welcome, but are these AI giants likely to become a feature of Murray International?

CVC Income & Growth investment trust consistently outperforms its sector through investment in sub-investment grade credit and leveraged loans

Schroder Japan Trust invests with conviction in the best that the recovering Japanese economy offers. Rewrites dividend and discount policy.

Here's our in-depth look at Majedie Investments which runs a single portfolio, managed for inflation-beating total returns

The Schiehallion fund focuses on high-growth pre-IPO companies and tops performance in the AIC's Growth Capital sector

Brown Advisory US Smaller Companies fund offers a window on the diverse and dynamic US smallcap sector set to grow in coming years

JPMorgan UK Small Cap Growth & Income Trust bets big on the smaller end of the market powering UK economic recovery.

M&L consistently tops its sector with a high conviction tech-focused large cap strategy to produce stellar returns

Investment Manager James Thom makes the case for investors to continue backing India following the shock General Election result

The AIC have released the top performing investment trusts for the first half of 2024 with the Tech Sector leading the way

Gulf Investment Fund provides a vehicle to find opportunities in one of world fastest-developing regional markets.

The combination will occur in the autumn and builds upon the multi-manager investment model already employed by Alliance Trust.

Riverstone Energy investment trust has a strong year, but has to row back on poor longer term performance over five- and ten-years.

The Armchair Trader showcases the Association of Investment Companies' next generation of 'Dividend Heroes'

Seraphim Space Investment Trust maintains momentum as it benefits from a continued recovery in investment in-space economy.

In the wake of India's elections, we look at what this means for economic policy and how investors can still access this dynamic Asian story.

After a torrid couple of years, investment trust analysts say that there are signs that appetite for UK REITs is picking up.

Stock-picking expertise drives Schroder Oriental Income Fund's performance as manager targets dividend-paying companies in Asia Pacific

STS Global's management team talked to us about why they feel their approach will yield dividends for the cautious investor.

Beyond the hype: We take a look at why Greencoat UK Wind remains a long-term play in the renewable energy sector

Geiger Counter tracks strong uranium price to become third-best performing investment trust over five years

JPMorgan American Investment Trust, a consistent performer built on the back of large-cap American global titans

Crystal Amber takes an unconventional activist approach to sit top of the AIC UK Smaller Companies sector over one year

Pacific Horizon Investment Trust backs India and technology to power Asian growth over the long term, returning 270% over the last decade

Intuitive Investment Group follows a high conviction-led investment strategy which has yielded one-year returns of 120%

Finsbury Growth & Income Trust is the second-best performer in the UK Equity Income sector, but short-term performance is raising concerns

Literacy Capital confirmed this week that it has completed the refinancing of one of its largest portfolio companies with new lenders.

BlackRock Energy and Resources Income Trust offers a diversified approach for investors seeking opportunities in the mining and energy sectors

Witan Investment Trust board is set to decide the future direction for the fund following the announcement that its CEO is stepping down

The AIC has published its latest list of dividend heroes, investment trusts which have increased their dividends consistently, year on year

Artemis Alpha Trust is trading at a discount to its NAV but is bullish on the longer-term prospects of UK equities

Pershing Square shelves plans to relocate to the US choosing instead to set up USA closed-ended fund managed on the same principles

Templeton Emerging Markets Investment Trust has had a rocky time of late but is it time for emerging markets to shine again?

TR Property Trust bets big on a return to boom-time for property. Can this investment trust unlock the hidden potential of real estate?

Scottish Mortgage's focus on long-term global structural growth makes it the best performing portfolio over 10 years

Which investment trusts would have made investors more than £1m if they had invested the full ISA allowance in the same trust each year?

Scottish American Investment Company's focus on dividend growth and income makes it a long-term play for conservative investors

Caledonia Investments is an investment trust that offers a flexible, uncorrelated diversified fund that focuses on long term yields and growth

The City of London Investment Trust has been delivering dividends for 57 years and shows no sign of slowing down

India Capital Growth investment trust gives UK investors a window into the exciting growth story in the country

In this video, we are joined by three fund managers who give their opinion on the SmallCap market and the opportunity for investors

Baroness Ros Altmann brings a Private Members Bill for debate to the UK's House of Lords that seeks to remove Investment Trusts from AIFMD

River & Mercantile UK Micro Cap Trust fund manager, George Ensor says "now is a good time to be investing in UK micro caps"

Nick Greenwood handed in his notice with Premier Miton back in March, but has managed the MIGO trust since 2004.

DORE experiences problems on solar and hydro and Swedish electricity pricing, but "good wind" sees wind power generation above expectations.

This fund has consistently beaten the market by making investments in utilities across the emerging markets. Watch the video to find out how.

Literacy Capital has sold one of its larger investments in full, generating a strong return for shareholders to fund future investments

We provide some more rationale on why we bought into the India Capital Growth fund, managed by Ocean Dial Asset Management.

RBC Emerging Markets Value Equity aims for long-term capital growth investing in emerging markets with focus on relative value and dividends

We take a closer look at listed venture capital fund of funds SuperSeed Capital, which is listed on the Aquis Stock Exchange.

Alliance Trust generates it returns from a total of 10 different stock picking fund managers appointed by the fund's adviser.

BlackRock World Mining Trust optimistic on global economic grown but caution remains for developed markets

The Utilico Emerging Markets Trust offers access to a cheap portfolio, big discount, and +3% dividend yield

Joining our long term growth portfolio is an investment trust which represents an excellent bet on further equity upside in the country.

Rights & Issues Investment Trust sweeps market for smallcap opportunities with new broom as Jupiter team gets to work

Onward Opportunities Investment Trust launches to seek out unrealised value in the UK smaller companies market

BlackRock Latin American Investment Trust offers a gateway into an exciting market that is set to grow over the next decade

Personal Assets Trust, a safe harbour in difficult climes believes weaker earnings will drive markets lower. Stocks up on gold and TIPS

Fidelity European Trust has followed the European market lower but is ahead of its peers and in a good place to bounce-back in 2023

The Renewables Infrastructure Group reports strong performance as the global trend for decarbonisation gains momentum

We take our first look at FTSE 250 Capital Gearing Trust and why its long term conservative approach makes it attractive for investors.

We evaluate Securities Trust of Scotland, the listed global equity income investment trust now managed by Troy Asset Management.

Polar Capital Technology Trust is still confident on various sub-sectors of the technology space despite a tough year for tech stocks

Aberdeen New India Investment Trust offers exposure to fifth largest global economy that continues positive growth during global recession

We have added this renewable energy fund to our picks. Trading at a discount, we take a closer look at the fund's strategy

Our first pick for September is a listed investment company that is solely focused on acquiring solar farms in the UK and abroad.

We are adding a mining trust to our longer term positions as we prune out some inflation risk and participate in further sector upside.

We talk to David Ricketts, author of 'When The Fund Stops', about the rise and fall of star fund manager Neil Woodford.

We take a look at the performance of seven investment companies designed to combat a higher inflationary environment.

We spoke to Richard Hickman, the fund manager responsible for HarbourVest's FTSE 250 HVPE private equity investment trust.

We are adding investment trust Riverstone Energy to our longer term outlook portfolio due to its strong oil and renewables position.

Record fundraising for investment companies in 2021 helped propel the investment trusts industry to its highest ever level of AUM.

Vietnam Holding is an investment trust that has not only beaten the best market in Asia in 12 months, but beaten it by a lot!

We look at some of the top performing London-listed investment trusts that are currently active in the Japanese equities market.

Now trading at a slight discount, does the Murray International Trust's dividend yield offer enough for investors worried about UK inflation?

For long term and income investors, The City of London Investment Trust remains one of the most popular listed investment trusts available

We check out this dividend hero, Bankers Investment Trust, one of the darlings of the UK investment trust sector, managed by Janus Henderson.

Despite the pandemic an impressive number of investment trusts maintained or increased dividends last year, but who are the most consistent payers?