- Looking for tech winners beyond the magnificent seven.
- An innovative approach to UK equities.
Investment trust discounts seem to remain almost universally wide, even as hopes grow that interest rates and inflation have peaked. That much has become especially apparent in the alternatives space, where investors remain wary of stated valuations and trusts fight for their existence. From unlisted companies to the likes of music royalty catalogues, investors have plenty to say about what a portfolio might really be worth.
Alternative income plays continue to show up in the Alpha Investment Trust report, with infrastructure stalwart HICL Infrastructure (HICL) appearing alongside two renewable energy infrastructure trusts. Such names have tended to trade on big discounts in the last year, in part thanks to the realisation that such portfolios feel the pain when government bond yields rise.
