On 2 July 2021, the board of Genesis Emerging Markets (GSS), the third-largest emerging markets trust valued at £1.1bn, surprised many people with the news that it planned to appoint the well-regarded emerging markets team at Fidelity International as its new manager. Here we look at what's being proposed and just how much emerging-market investing has changed over the last three decades.
Many investors have probably never heard of Genesis Emerging Markets and that's a big factor behind its board's decision to switch the trust's investment mandate to Fidelity International. Genesis Investment...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
In the first of a new regular series, our in-house expert Stuart Watson joins us to take a detailed look at this specialist fintech trust, which first came to the market in March 2018 and is currently looking to issue £40m of new shares in a secondary placing. Stuart qualified as a chartered accountant before moving into journalism and has 20 years of experience of owning and writing about investment trusts from an independent standpoint. This is his first article for the Money Makers circle.
History Augmentum Fintech (AUGM) was an IPO in March 2018. As the name suggests, it specialises in fi...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
Stuart qualified as a chartered accountant before moving into journalism and has 20 years of experience of owning and writing about investment trusts from an independent standpoint. He is now producing regular fund profiles for the Money Makers circle. This post originally appeared on his blog but it has been added to our archive to build up our library of content.
The Schiehallion Fund was given a low-key launch by Baillie Gifford in March 2019 as it was designed primarily for institutional investors. After a recent $700m fundraising, it's now become one of Baillie Gifford's largest investme...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
Stuart qualified as a chartered accountant before moving into journalism and has 20 years of experience of owning and writing about investment trusts from an independent standpoint. He is now producing regular fund profiles for the Money Makers circle. This post originally appeared on his blog but it has been added to our archive to add additional depth to our library of content.
Fundsmith Emerging Equities Trust, often shortened to FEET, is still struggling to keep up with its benchmark despite a lot of tinkering over the past few years. FEET was launched on 25 June 2014, making it seven yea...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
Stuart qualified as a chartered accountant before moving into journalism and has 20 years of experience of owning and writing about investment trusts from an independent standpoint. He is now producing regular fund profiles for the Money Makers circle. This post originally appeared on his blog but it has been added to our archive to build up our library of content.
Gresham House Energy Storage Fund is one of the seventeen UK-listed renewable energy infrastructure trusts and currently boasts the best performance over the past 12 months. It's still a pretty new company, only joining the market ...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
Stuart qualified as a chartered accountant before moving into journalism and has 20 years of experience of owning and writing about investment trusts from an independent standpoint. He is now producing regular fund profiles for the Money Makers circle. This post originally appeared on his blog but it has been added to our archive to build up our library of content.
Baillie Gifford's newest investment trust, Keystone Positive Change, got off to a volatile start earlier this year but its managers have their eyes fixed firmly on the long term. I took an initial stake in Keystone when it proposed...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
Stuart qualified as a chartered accountant before moving into journalism and has 20 years of experience of owning and writing about investment trusts from an independent standpoint. He is now producing regular fund profiles for the Money Makers circle. This post originally appeared on his blog but it has been added to our archive to build up our library of content.
JPMorgan Global Growth & Income has become one of my larger positions in the last few years. I first bought it in 2017 but in early 2019, after a decade in charge, the trust's then-manager decided on a career change. The trust'...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
Stuart qualified as a chartered accountant before moving into journalism and has 20 years of experience of owning and writing about investment trusts from an independent standpoint. He is now producing regular fund profiles for the Money Makers circle. This post originally appeared on his blog but it has been added to our archive to build up our library of content.
One of the questions that often gets asked about Smithson, Fundsmith's global smaller company investment trust, is whether it is in danger of growing too large. It's a question that's been bugging me for a while but after digging i...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
Stuart qualified as a chartered accountant before moving into journalism and has 20 years of experience of owning and writing about investment trusts from an independent standpoint. He is now producing regular fund profiles for the Money Makers circle. This post originally appeared on his blog but it has been added to our archive to build up our library of content.
BB Healthcare Trust has a slightly different approach to healthcare investment, focusing on companies that are looking to improve the underlying process of keeping us all fit and well. It's a theme that will strike a chord will man...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
© 2026 Money Makers