Fiona Hamilton

The bull market in bonds is ending. But with inflation and interest rates slow to stir, bond exposure still makes sense.

The annual cautious and adventurous portfolios are beating index bench­marks, aided by Asian and tech­focused trusts.

Anticipation was high for the People’s Trust launch with its long-term high-conviction approach, but it was not to be. Fiona Hamilton identifies trusts with similar styles.

BlackRock Smaller Companies Trust (BRSC) targets long-term capital growth through investment in smaller UK-quoted companies.