Two investment trusts are celebrating their 80th anniversary this week and despite both having had a...
Two investment trusts are celebrating their 80th anniversary this week and despite both having had a bad 12 months, an investment held in either the Temple Bar Investment Trust or Finsbury Growth & Income Trust would have at least doubled if held for the past three years. For the 12 months to 24 April the Finsbury Growth & Income and Temple Bar investment trusts ranked 22 and 28 respectively out of 31 funds in the investment trust UK Growth and Income sector. The managers of the two trusts both attribute the slip in performance over the last year to the portfolio’s underweight position in...
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