Smaller companies are the most exciting part of the stock market,’ says Georgina Brittain, co-manager of JPMorgan Smaller Companies investment trust (JMI). Brittain describes the trust’s stock-picking approach as being composed of three factors: value, quality and momentum.
buy hold sell
Every day it seems a mainstream fund announces a degree of environmental, social and governance (ESG) integration into its investment strategy,’ says David Osfield, manager of the EdenTree Amity International fund.
Amity, however, has had an ESG approach since its launch in 1999. Osfield adds: ‘This gives us a depth of experience, longevity and understanding. It is where the credibility comes from.’
As the name suggests, Murray Income trust focuses on dividend paying companies, aiming to provide shareholders with strong, reliable income growth; it prides itself on the fact that it has a 44-year track record of dividend growth. The current yield is around 5.1 per cent. The trust attempts to provide income primarily through investing in UK-listed shares, although it is able to hold up to 20 per cent of its portfolio outside of the UK.
We are a ‘global-focused, long-only equity trust, focusing on companies trading below their net asset value,’ says Joe Bauernfreund, manager of British Empire Trust. While the trust sits in the Association of Investment Companies global sector, it is underweight North American equities, which comprise 22 per cent of its holdings. Other global funds have 50 per cent in the US.
Hermes Europe ex UK Equity manager explains the shares he has been buying, holding and selling in recent months.
EdenTree UK Equity Growth's co-manager, Ketan Patel, explains some of his recent stock picks.
Tom Bailey talks to Simon Edelsten, co-manager of Mid Wynd International Investment Trust, about his recent trading activity.
For this month's Buy, Hold, Sell feature, Tom Bailey speaks to Peter Walls, manager of the Unicorn Mastertrust.
James Milne, co-manager of FP CRUX European Special Situations explains what he has been buying, holding and selling lately.