Prices and Markets

JPMorgan Multi-Asset Trust - Long-term return objective of 6% per annum JPMorgan Multi-Asset Trust (MATE) is a new investment company that will invest across a range of different asset classes. It will aim to achieve a total return of 6% per annum, over the long term, through a combination of income and capital growth. It will seek to achieve these target returns whilst maintaining lower levels of volatility than a traditional equity portfolio. At 31 December 2017, JPMorgan Asset Management...

Templeton loses Carlos Hardenberg - Templeton Emerging Markets Investment Trust says that, with immediate effect, Mr. Chetan Sehgal, senior managing director, director of portfolio management overseeing the global emerging markets strategy at Franklin Templeton, has been appointed lead portfolio manager of Templeton Emerging Markets. They say that he will be further supported by an experienced team of over 80 dedicated emerging markets investment professionals located across 20 offices around the world. On 31 January 2018, Mr. Carlos Hardenberg gave notice...

QuotedData has published a note on a company in the Country Specialists – Asia Pacific sector. India Capital Growth - Moving to the main board India Capital Growth (IGC) moved to the premium listing segment of the London Stock Exchange’s main market on 24 January 2018. The board considers that this market is more appropriate for a fund of IGC’s size and maturity, and provides a more suitable platform for its growth ambitions. It also believes that the move allows...

QuotedData - 2017 review of the year - Many commentators, including us, were wary going into 2017. In the event, economic growth and markets surprised on the upside:  US markets hit new highs despite three interest rate rises.  Perceived low/no growth areas such as Europe and Japan burst into life.  Asia’s technology stocks surged.  India’s stock market soared despite tax reforms holding back its economy.  Even in the UK, where overseas investors are still eyeing Brexit nervously, smaller companies rebounded...

Has the world gone cold on bitcoin since its meteoric rise in 2017? Well, depending on who you talk to, the answer will differ. With altcoins such as Ethereum and Ripple’s XRP token currently being traded at a feverish rate, some have suggested that bitcoin is no longer the dominant cryptocurrency on the market. However, according to experts such as Tom Lee, the value of bitcoin could more than double by the close of 2018. Speaking during an interview with...

SQN Asset Finance Income Fund (SQN) has provided an update on Suniva, in which it notes that the White House has now announced protective measures, which it says are aiming to ensure the long-term viability of the US solar cell manufacturing industry. It says that this action is intended to restore a fair and competitive market and recognizes the vital function enterprises like Suniva contribute to US energy independence and national security. It also says that, not only is this...

QuotedData has published a note on a company in the flexible investment sector. Seneca Global Income & Growth - Walk the walk In mid-2017, Seneca Global Income & Growth Trust’s (SIGT’s) manager set out a clear road map of how it would gradually reduce the trust’s weighting to equities over the next couple of years. The manager has been sticking to this plan and, in this report, an update is provided on the changes that have been made to SIGT’s portfolio....

QuotedData’s economic round up – January 2018 – is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the companies mentioned. Kindly sponsored by Martin Currie January Economic and Political Roundup A collation of recent insights on markets and economies taken...

QuotedData investment companies roundup – January 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of December 2017. Kindly sponsored by Baillie Gifford. January Investment Companies Winners and losers in December Infrastructure India’s share price rose after it reiterated that it was in advanced talks about refinancing its debt. Phoenix Spree Deutschland sold €73m worth of properties. LXB Retail Properties sold two...