The F&C investment trust is set to be promoted to the FTSE 100 as part of the latest reshuffle, which may also propel the Foresight Solar fund and Supermarket Income REIT into the FTSE 250.
According to Hargreaves Lansdown research, the F&C investment trust, which aims to secure long-term growth in capital and income from a global portfolio of listed equities and unlisted securities, is a contender for entry due to strong performance in May. The Foresight Solar fund could also make its way back into the FTSE 250 in the upcoming FTSE All Share Index Quarterly Review due to strong appetite for renewable energy stocks. Stock spotlight: Supply chain issues weigh heavy but ASOS still good fit for 'patient investor' The fund has regained its shine amid a change in the dire...
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
