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4 days ago | 
trustnet.com | Jonathan Jones
Retired couples will need £1,600 a year more than they required in 2024 to live a comfortable retirement, according to the latest figures from the Pensions and Lifetime Savings Association (PLSA). Two people living together will need to amass £60,600 per year to live comfortably, up from £59,000 last year. For more moderate retirees, the figure stands at £43,900, around £800 more than a year ago.
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5 days ago | 
trustnet.com | Jonathan Jones
Technology stocks powered ahead while healthcare companies were left languishing behind in May as markets continued to be dominated by the whims of US president Donald Trump. Last month was a relatively strong one for equity markets up until Trump announced negotiations with the European Union were not moving forward and suggested imposing 50% tariffs on the bloc from the start of June.
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1 week ago | 
trustnet.com | Jonathan Jones
The younger generation are supposed to be the ones with ‘diamond hands’ who can hold on for dear life, something known as ‘hodl’ on popular social media platforms such as Reddit. These phrases became popular around the time of the GameStop saga in early 2021, when investors pumped up the price of the beaten-up games retailer in an effort to squeeze short sellers.
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1 week ago | 
trustnet.com | Jonathan Jones
Finsbury Growth & Income made 4.2% on a share-price-total-return basis over the six months to the end of March, according to the trust’s half-year results, leaving manager Nick Train to ask why his performance has not improved as he would have hoped. Half of this return has come from the share price, with the underlying net asset value (NAV) up 2.4% in the six months under review. The FTSE All-Share Index rose by 4.1% over the same period.
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1 week ago | 
trustnet.com | Jonathan Jones
Markets are set for continued chaos after the US Court of International Trade ruled this week that the president’s emergency powers do not give him unilateral authority to impose his sweeping ‘Liberation Day’ tariffs. Trump had used the International Emergency Economic Powers Act (IEEPA) to drive through his tariffs, but Lale Akoner, global market analyst at eToro, said this is “legally untested and is now coming under increased scrutiny”.
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1 week ago | 
trustnet.com | Jonathan Jones
The number of investment managers who are “unwilling or unable to disclose their personal shareholdings” in their respective investment trusts has been “frustrating” for analysts at Investec. In the firm’s ‘Skin in the Game’ report produced by Alan Brierley, Ben Newell and Elliott Hardy, they said: “While there is no regulatory requirement for managers to make such statements, we find this frustrating.
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1 week ago | 
trustnet.com | Jonathan Jones
CQS Natural Resources is to propose a tender offer to shareholders worth 100% of the company after its board came to a “standstill agreement” with activist investor Saba Capital. Subject to shareholder approval, it will allow all shareholders to sell their stock in the company at net asset value (NAV). For those opting to remain invested, the trust will then adopt an enhanced annual dividend of approximately 8% and reduce its investment management fee by 20 basis points.
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1 week ago | 
trustnet.com | Jonathan Jones
Silicon Valley has long been heralded as the world’s centre for technological innovation. It can boast of being the birthplace of many of the world’s most recognisable companies. But we are standing on the precipice of change. To be clear, this is not because of president Donald Trump’s tariffs. It is a long-term trend and the result of increasing opportunities in emerging markets (EMs).
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1 week ago | 
trustnet.com | Jonathan Jones
Nick Train was a “gun-slinging trader” at the start of his career but a book by John Train on renowned US investor Warren Buffett shaped his philosophy to what it is today, the manager has revealed. Talking on The Value Perspectives podcast last week, one of the UK’s most popular fund managers said he “shudders” when thinking about the start of his career – and the performance he was delivering for investors.
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2 weeks ago | 
trustnet.com | Jonathan Jones
Interest rates should be coming down across the world – even in places such as the UK, where inflation ticked higher in the UK in April. At least that seems to be the broad consensus. There are two main reasons for this in my mind. First, despite a spike in price rises in April, inflation is much closer to central banks’ target 2% than it has been for the past two years. Second, economic growth is slowing (and could be under severe pressure following US president Donald Trump’s tariff tirade).
