Caledonia Investments: Keeping It In The Family
Caledonia Investments is one of several ‘family-run’ investment trusts that have very respectable long-term records but have struggled to keep up with global market indices in recent years.
RIT Capital Partners: 2020 Could Be A Defining Year
RIT Capital Partners is one of a number of conservatively managed global investment trusts that I hold in an attempt to give my portfolio a little ballast. It seems like a good time to see how that’s working out!
Personal Assets Trust: Bear Turned Up To 11
A few investment trusts cater to those of a nervous disposition, holding a range of lower-risk assets. Personal Assets Trust, with 58% in cash/short-term bonds and 9% in gold, is perhaps the most bearish of the lot.
Capital Gearing Trust: Playing Ultra-Defensive
If you’re looking for an investment company that can bolster your portfolio’s defences then Capital Gearing Trust might fit the bill. Since Peter Spiller took over in 1982, it’s had just one down year in net asset value terms. Even then, it lost just 2.5%.
Flexible Friends: Trusts That Have Got Your Back
One of the things I like most about investment trusts is that they aren’t too many of them. You have plenty of choices, but not so much that paralysis sets in.
Caledonia Bets Big On Private Equity
Caledonia, the £2bn investment trust run by the Cayzer family, has been on a bit of a buying spree recently. Its latest purchase, a firm that runs family offices for the mega-rich, takes its collection of unquoted investments and private equity funds to nearly 60% of net assets.
RIT Capital Partners: Still On The Defensive
RIT Capital Partners is my oldest position so it’s tempting to view it through rose-tinted glasses. I first picked up shares in this investment trust back in 1996 and its conservative approach still appeals today.
The Tale Of Tetragon And The Dastardly Discount
Whenever I see an investment trust trading at a discount of nearly 50%, my spidey sense starts tingling. There’s either a great opportunity… or great danger. Tetragon Financial Group is one such example. Having seen it mentioned in enthusiastic terms a few times in recent months, I decided it was worthy of a closer look.
RIT Capital Partners: Protecting The Downside
RIT Capital Partners (RCP) is one of the largest investment trusts in the UK. At the time of writing, it was the fourth biggest, with a market value of £3.2bn. It’s only outgunned size wise by 3i (£8.7bn), Scottish Mortgage (£7.5bn) and Foreign & Colonial (£3.7bn).