Defence and volatility define top investments in March

JPM Russia trust takes top two spot

Elliot Gulliver-Needham
clock • 2 min read

Investors have flocked to capital preservation focused investment trusts in March, as the value-growth rotation has solidified in the most-bought trusts.

Wealth preservation trusts RIT Capital Partners, Ruffer Investment Company and Personal Assets all joined interactive investor's top ten investment trusts in March. Meanwhile, growth-focused investment trusts became less popular, as Polar Capital Technology, Allianz Technology and Baillie Gifford US Growth Trust all exited the top ten. Russia-Ukraine war spurs increased investor vigilance of where cash allocated Despite perceived mainstream negative attitudes towards Russia, JP Morgan Russian Securities was the second most popular investment trust in March, while three Russian-orienta...

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