Episode 2: why the markets are rallying and the future for equity income
Despite the Covid-19 coronavirus continuing to spread around the globe, the share prices of investment trusts rallied sharply this week with the average discount returning to around 6%. In the second of our new weekly podcast series, dedicated exclusively to investment trusts, Jonathan Davis and Simon Elliott, head of investment trust research at Winterfloods, review the key movements in share prices, NAVs and discounts. Other topics covered include: the sacking of Mark Barnett, will dividends be cut?, the outlook for equity income and the persistence of discount control mechanisms.