Exclusive to subscribers to the Money Makers Circle Contents - What's new this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Good reads - Video reviews - Trust price and NAV performance - Z-scores - Investment Trusts Handbook - Appendices
What's new this week On the podcast this week, I review the latest news from the sector with Andrew McHattie, editor of the Investment Trusts newsletter. It has been another busy week of results and corporate activity, with mergers, management changes, rollovers, and Saba targets all in the headlines. Trusts dis...
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Exclusive to subscribers to the Money Makers Circle Contents - What's new this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Good reads - Video reviews - This week's biggest movers - Z-scores - Investment Trusts Handbook - Appendices
What's new this week On the podcast this week, Peter Hewitt, the recently retired fund manager, and I discuss the latest developments in the investment trust sector, looking at discount movements over the course of 2025, the prospects of further consolidation in the industry, the importance of yields and probable fut...
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Exclusive to subscribers to the Money Makers Circle Contents - What's new this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Good reads - Video reviews - This week's biggest movers - Z-scores - Investment Trusts Handbook - Appendices
What's new this week On the podcast this week, with a suitable disclosure of interest, I talk to my friend and co-author Sandy Nairn, Executive Director of Global Opportunities Trust (GOT), and Alan Bartlett of sub-managers Goodhart Partners, about the changes that are taking place at the self-managed trust and what ...
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Exclusive to subscribers to the Money Makers Circle Contents - What's new this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Good reads - Video reviews - This week's biggest movers - Investment Trusts Handbook - Appendices
What's new this week On the podcast this week I talk to Matt Hose, the alternatives analyst at Jefferies, the brokerage and investment bank, to get his views on the performance of the renewable and infrastructure trusts, where there seem to be signs of a (very welcome) revival in demand, at least at the margin, driven in part b...
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Fidelity Special Values (ticker: FSV) was launched in 1994 as a closed-ended version of the highly successful Fidelity Special Situations fund, which had been managed by Anthony Bolton since it was set up in 1979. Bolton ran FSV until the end of 2007, returning almost 14% a year for over 13 years and massively outperforming the UK market. Sanjeev Shah ran the trust from 2008 to 2012 before stepping down, at which point Alex Wright took over as lead manager. FSV broadly matched the UK market under Shah, but has outperformed significantly once again under Wright. From 1994 to March 2025, FSV pro...
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Exclusive to subscribers to the Money Makers Circle Contents - What's new this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Good reads - This week's biggest movers - Investment Trusts Handbook - Portfolio and video reviews - Appendices
What's new this week I came back from holiday in time this week to record a lengthy conversation with Alex Wright, the respected manager of Fidelity Special Values (FSV), who has put together a highly impressive track record since taking the reins of this trust in 2012, outperforming the All-Share index by an aver...
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Contents As the content of the weekly email continues to expand (and we aspire to offer you the most comprehensive range of independent information for anyone interested in investment trusts), from this week we have added a set of content links, just below this paragraph, that can take you quickly to the different sections of the email. We will be adding yet further new content to the email over the next few weeks and while it should still be very straightforward to scroll through in one go, you might find it helpful to be able to skip from one part to the other directly. Feedback is welcome, ...
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On the podcast this week This week's podcast features a three-way conversation with two of our most popular speakers, Nick Greenwood, manager of MIGO Opportunities (MIGO), the special situations trust investor whose management contract recently migrated from Premier Miton to Asset Value Investors, and Ben Conway, the impressive young head of fund management at Hawksmoor Fund Management, best known for his prominent role in helping to co-ordinate and publicise the campaign to end the regulatory cost disclosure discrimination investment trusts struggle with. Our conversation ranges widely acros...
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