Investment trust analysts at Winterflood have recommended some of the largest companies in the industry to help investors navigate their way through the year ahead.
Assessing investment trusts' prospects for the year ahead, Winterflood's Simon Elliott, Kieran Drake and Innes Urquhart said they continue to favour trusts which offer some kind of discount value, given their belief "it is easier to predict discount moves than NAV performance". However, the trio are also prepared to recommend funds on a premium where they believe discount risk is relatively muted. Accordingly, of the 28 recommendations, nine are trading on a premium or around NAV. A sector average discount of 5.7% suggests trusts do not offer substantial value at present, but the risk...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
