The much-publicised move by the big banks to cancel their dividends has left investors with mixed emotions and many questions. Like the rest of Britain, savers were shocked by their apparent disinclination to act in the interest of the economy until they were strong-armed by the Bank of England.But the loss of this income will … Read more
JEFF PRESTRIDGE: Why trusts hold a stronger hand than other fund forms By Jeff Prestridge for The Mail on Sunday Published: 22:02 BST, 14 December 2019 | Updated: 22:02 BST, 14 December 2019 It remains to be seen whether Edinburgh Investment Trust’s decision to replace its fund manager in the New Year proves a shrewd … Read more
Hundreds of NHS workers’ coronavirus swabs have reportedly been flown to Germany because the results are coming back in half the time. Samples passed to Public Health England are believed to be taking up to four days to process but those on the Continent can come back in just two. Northampton General Hospital is understood to have … Read more
DIY investment platform Interactive Investor has revealed its average Isa millionaire account is powered by a much larger weighting towards investment trusts than funds. These bigger accounts have 46 per cent in closed-ended funds on average, with only 7 per cent of their portfolios in their open-ended counterparts. The most widely held trusts are the … Read more
What a week, what a month. Enough to turn many investors’ hair grey (mine included) – with some no doubt wishing that commercial travel to the moon was a) available now; and b) affordable. After all, a month doing nothing but staring out on Tycho Crater, rather than seeing your investment portfolio plunge to new … Read more
Investment trusts set to prove resilient as dividends come under pressure 20 British companies have said they are cutting dividends or suspending them But some investment trusts with an income bent should prove more dividend-resilient because of the income reserves they have squirreled away By Jeff Prestridge for The Mail on Sunday Published: 23:04 GMT, … Read more
In need of a stock market champion? SIMON LAMBERT on the Dividend Hero trusts that have boosted payouts since The Doors sang Light My Fire By Simon Lambert for Thisismoney.co.uk Published: 06:00 GMT, 19 March 2020 | Updated: 06:00 GMT, 19 March 2020 If ever there was a time when investors needed a hero, it’s … Read more
While investors watched their portfolios with concern as stock markets dropped on coronavirus fears, some funds and trusts climbed significantly. Recent weeks have seen worries worldwide as the COVID-19 virus spread outside of China – and after brief bounce-back at the start of this week, shares are down heavily again yesterday and today. As has often been … Read more