UPDATE: This trust took over Franklin Global in early 2026, acquiring £162m of assets and issuing 42m new shares. It returned +11.9% versus +7.4% for its benchmark for the year to May 2025, and +22.2% versus +27.5% for the year to May 2026.
Invesco Global Equity Income (IGET) was launched in 2006 and had four separate share classes for much of its existence, allowing shareholders to switch strategies without incurring costs or suffering CGT. In 2024, shareholders approved a move to consolidate its multiple classes and its £200m of assets into its Global Equity Income strategy, which has been ...
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UPDATE: Bluefield Solar Income was acquired by Drax for 92.6p per share in July 2026.
Bluefield Solar Income (BSIF) was the second renewable trust to join the London market when it was launched in 2013 and has one of the best long-term performance records with a NAV return of just over 9% a year over the last decade. It owns around 4% of the UK's utility-scale solar capacity but in the last few years, it has diversified a little into onshore wind and developing co-located solar and battery storage projects. Since BSIF began to trade at a discount to NAV in 2022 it has tried various measures t...
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UPDATE: A revised version of this profile was published in June 2026, after the trust changed its management firm and its name to Artemis UK Future Leaders (AFL).
Invesco Perpetual UK Smaller Companies (ticker: IPU) was launched in 1988 and has been run by Invesco since 1994. Jonathan Brown has managed the portfolio since 2010, initially working for a few years as a co-manager alongside Richard Smith. This trust holds around 70-80 stocks with a growth bias and currently uses a barbell approach to provide a balance of cyclical and more economically defensive positions. In 2015, IPU switched to...
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UPDATE (Sep 2026): BIPS produced a NAV total return of +11.7% in 2023, +8.5% in 2024, +8.7% in 2025, and +2.8% in the first half of 2026. Its market cap is now around £500m as it has been a regular issuer of shares in the last few years, due to usually trading at a small premium to NAV. Its share count has risen from 178m in July 2023 to 296m in September 2026. It is targeting an unchanged annual dividend of 12.25p per share for 2026, having paid 11.5p for 2023, 11.6875p for 2024, and 12.25p for 2025
Invesco Bond Income Plus (ticker: BIPS) was created from the 2021 merger of City Merchants Hi...
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UPDATE: A revised version of this profile was published in May 2026.
Invesco Asia (ticker: IAT) was launched in 1995 as one of two trusts created to follow on from Drayton Far Eastern. Invesco Asia focuses on Asian Pacific equities including Australia but excluding Japan. After a difficult first decade, management of the trust was moved from Hong Kong to Invesco's Henley office with Stuart Parks appointed as the new lead manager in 2004. Parks reshaped the portfolio and the trust has outperformed its benchmark since then. Ian Hargreaves was appointed as a co-manager alongside Parks in 2012 an...
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