David Stevenson is an investment columnist for the Financial Times (the Adventurous Investor), Citywire and MoneyWeek. He’s also the author of the Adventurous Investor blog – www.adventurousinvestor.com – and is executive editor of ETF Stream – www.etfstream.com – and fintech news service AltFi – www.altfi.com.
I believe in keeping investing simple and I think that investment trusts are an ideal structure for private investors. Whatever your investment goal, be it long term capital growth, or income or even defensive strategies, there is likely to be an investment trust that will work for you over the long term. The key is picking the right trust or fund and the London market has a huge range. Having watched this sector – and invested in it – for over 20 years I think i have developed a fairly in depth understanding of which funds work, and why. My articles on investment trusts will hopefully help guide private investors in the right direction.
There’s something of an income theme to this month’s funds focus. First up is a specialist lending fund whose shares have fallen sharply in value yet the fund is still churning out a reliable 8% plus yield. Next up we investigate the ups and downs of the music royalty funds – very much a yield
This months’ focus on funds explains why a peak in short-term government bond yields might presage a sudden turnaround in sentiment towards the listed infrastructure fund space. We also look at a stockmarket listed venture capital fund that is full of AI early-stage businesses but is valued at well below its book value by a
This month our funds expert focuses on ETFs and the listed hedge fund BH Macro. He looks at why you’d be better off investing in a small handful AI related stocks rather than AI ETFS and also looks at two new defensive-oriented ETF trackers, with one focused on covered call options writing. He also investigates
This month our funds expert outlines an alternative strategy for those investors looking for growth in global emerging markets – why focus on the big names of the EM space such as China and India, when you can invest in the next 1 billion potential consumers from 10 developing countries around the world? Back in
This month we have three main ideas for fund investors. The first is a closer look at the UKs’ premier, tier 1 listed venture capital firm which sits on a huge discount. A substantial discount does make sense, but the current level is way out of kilter for what is a business with a world-class
This month we have another gaggle of fund ideas, starting with a deep dive into gold index trackers – if you want a safe haven asset in volatile markets which are the best ETCs. Talking of deep dives we also identify a deeply discounted way of playing the digital infrastructure space. And last but by
In this months Funds Focus, David Stephenson looks at an Industrials play, Literacy Capital and whats going on at Scottish Mortgage and RIT. Capital spending has been booming in recent years. In 2021 and 2022 firms in the S&P 500 index of large American firms spent $2.5trn, equivalent to 5% of the country’s GDP, on
If you are brave enough to be a growth investor – a tough vocation in the current climate – then I think at some stage you need to have some exposure to the world of private businesses, preferably fast-growing ones which might turn into tomorrow’s tech leviathans. The best way to get this exposure is
This month we have three fund ideas based for readers. Our main focus is on how to pick the right global equities index tracking fund – ETFs that track FTSE vs MSCI! We also put US energy infrastructure on the radar, why the dollar might be weakening, and why a currency pair ETF might be
This month another gaggle of four ideas for fund-oriented investors. I have included a short guide to buying US equity ETFs – as you can imagine there’s lots of choice and I think some of the less widely used indices are quite compelling. I also introduce what I think is a much more viable alternative
A few weeks ago, I dug up a statistic that genuinely took my breath away. It came from VC-oriented asset manager Sparkline Capital – “Of the 1,495 US venture deals in the first half of the year, only 4.9% have been down rounds – a historical low!” My own view is that we are only in
Welcome to my quick monthly round-up of interesting, listed funds, be they investment trusts (or closed funds, as they are sometimes called) or index tracking exchange traded funds (ETFs). To repeat earlier articles for SharePad, I’m still fairly bearish about prospects for global equity markets but I am starting to see some opportunities start to