Investment Week Trust News

Wise Funds offloads Woodford Patient Capital stake

Wise Funds offloads Woodford Patient Capital stake

Wise Funds said it has sold its holding in Woodford Patient Capital and apologised to investors in its TB Wise Multi-Asset Growth fund for the 1.8% of performance the investment cost since it was bought in March 2018.

Why Scottish Mortgage is a value trust and not a tech trust

Why Scottish Mortgage is a value trust and not a tech trust

The £8.6bn Scottish Mortgage investment trust often gets incorrectly labelled as a technology fund and is mistakenly deemed "not to be a value fund", according to Baillie Gifford's Catharine Flood.

Woodford Patient Capital could suffer same fate as Equity Income fund - analysts

Woodford Patient Capital could suffer same fate as Equity Income fund - analysts

Shareholders in Woodford Patient Capital trust (WPCT) should be prepared for their investment to suffer the same fate as those unitholders of the Woodford Equity Income fund (WEIF), according to analysts.

F&C and Witan the most diversified investment trusts by country

F&C and Witan the most diversified investment trusts by country

F&C and Witan give shareholders exposure to the most countries, according to data from the Association of Investment Companies (AIC).

Useful Links

The AIC - Association of Investment Companies

FE Trustnet News

Insight’s Jones: Why you’ve got high yield bonds “totally wrong”

The analyst says there are plenty of companies in this area of the market with stable cash flows and attractive yields.

Learning the right lessons from Woodford

Ian Sayers, chief executive of the AIC, argues that ‘reliable redemption’ is the only way to address the fundamental problems of holding illiquid assets in open-ended funds and to prevent systemic risks.

‘Bearish with a few green shoots’: Fund managers press on with cautious positioning

The Bank of America Merrill Lynch Global Fund Manager Survey finds that managers still have plenty to be nervous about, although there could be reason for optimism.