In these alarming times, with the Covid-19 pandemic wreaking havoc on both our lives and economic activity, it is more important than ever to keep a balanced perspective on what is happening to your investments. With that in mind, in April 2020 we started a new weekly podcast dedicated exclusively to following the latest news and developments in the investment trust sector. Every Friday afternoon Jonathan Davis, editor of the Investment Trusts Handbook, sits down to talk to Simon Elliott, head of investment trust research at Winterflood Securities, about the latest price, NAV and discount movements that week and to dig deeper into some of the biggest current investment trust stories. To listen in, just sign up to our mailing list and you will be notified every time a new podcast has appeared (typically early evening on Saturday).
March 2020 was the worst single month for the FTSE All-Share index since 1986, with the index down 25% at its lowest point and 15% at the end of the month. Investment trust discounts predictably widened sharply in many sectors, but on average equity investment trusts comfortably outperformed the UK market index, a testament to their resilience and diversified global reach. Since then the markets have recovered strongly, with investment trusts on average now back to their pre-crisis levels while the UK stock market remains well down on the year to date. In our weekly investment trust podcasts we look back at the week just gone, discuss the latest trust announcements and assess the outlook from here.
The 2021 Handbook is out soon
Edited by Jonathan Davis, with contributions from John Baron, Max King, Sandy Cross, Peter Spiller, Simon Elliott, Alan Brierley, james Carthew, William Heathcoat Amory and many other leading professional experts, The Investment Trusts Handbook 2021 is an annual independent educational publication designed to provide investors with expert views and essential information about investment trusts (often referred to as the City’s best-kept secret). The next edition, the fourth in the series, contains more than 90% new or updated content and will be published in December 2020. Master Investor calls it “truly the definitive guide to the sector right now”.
A high-quality, full-colour hardback of roughly 300 pages, the Handbook is an indispensable companion for anyone looking to invest in the investment trusts arena. It contains more than 25 articles and interviews, a review of the year, the editor’s notes, a guide to analysing investment trusts and a series of detailed data tables. There is also a free e-book version, containing the editor’s latest comments on the impact of the coronavirus and other topical issues. Available to pre-order now from Harriman House or Amazon.
At Money Makers we offer a range of comment, analysis, links and interviews, culled from the many sources that our editor has come to value over more than 35 years of following the financial markets as an author, national newspaper columnist and professionally qualified investor. If you are looking for speculative share tips, Money Makers will not be for you, but if you want top quality insight from some of the best minds in finance, you have come to the right place.
Money Makers is conceived as a high quality information resource. The content on offer includes podcasts, Q&As with top professional investors, and links to articles by experts whose work we have reason to admire. We will also report on real and model portfolios and track fund and stock data. All this content is updated regularly on the website, with a regular email summarising the latest content.
From the archive: some high profile interviews
The latest interviews and comment from the investment trust sector