UPDATE (Oct 2026): JGGI merged with Henderson International Income in May 2025, taking on around £350m of assets. Tim Woodhouse left the management team in September 2025 and was replaced by Sam Witherow. Helge Skibeli intends to retire in February 2028. The trust returned +1.0% versus +7.2% for its benchmark in the year to June 2025, and +16.7% versus +27.7% to June 2026, due as "stock selection within the Technology sector proved a drag on relative returns, [with] the Portfolio Managers underestimating the scale and market impact of the AI investment boom." JGGI's five-year return to June 20...
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UPDATE: A revised version of this article was published in April 2026.
A regulation change in 2012 allowed investment companies to pay dividends out of any capital profits they have made as well as any income received, as long as their shareholders approve the practice. Known as an enhanced dividend policy, it has remained a minority sport with only a few dozen trusts going down this route. Quite a few of them choose to pay out a set percentage of their net asset value each year in order to attract income-seeking investors. Here we look at which trusts are paying out such dividends and what f...
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Jonathan Davis Stuart Watson's fund profile this weekend looks in depth at Allianz Technology. There is a short update Q and A with the managers of Temple Bar investment trust. My notes this week start with the J.P.Morgan/ Scottish Investment Trust takeover and also some thoughts on value, bitcoin and (not too seriously) what you can read into magazine covers.
Farewell to the Scottish It is always sad to see an investment trust which can date its origins back to the nineteenth century disappear, and the impending demise of the Scottish Investment Trust (ticker: SCIN) is no exception. To ha...
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