QuotedData: Three underowned asset classes for IT income investors

James Carthew, research director at investment trust research house QuotedData, asks if trusts specialising in private equity, asset leasing, and debt are worth considering for income hunters.

Like their open-ended cousins, investment companies offer diversified portfolios across a range of asset classes. Even for fairly liquid investments, investment companies have an edge over open-ended funds in that they make it easier for the manager to take a genuinely long-term view about investments without having to worry about cash flooding into the fund at the top of the market and out again at the bottom. This means investment companies are ideally suited vehicles for investing in assets that cannot be quickly turned into cash.  For more illiquid investments, such as those in...