The trouble with global growth investment trusts

investment trusts

After taking a hammering between 2001 and 2003, the Global Growth sector is keen to re-establish itself in the marketplace - but it will take a lot more than short-term gains to tempt investors back into the fold

So what's so wrong with global growth investment trusts? Plenty, if you believe the media and other commentators. However, the real issue is basic performance, or to be more precise, the performance of such trusts between 2001 and 2003 - a savage period for all equity markets. A glance at table one highlights the calm before the storm. Then the cracks were beginning to show, but how one envies those longer-term records now. Promoting investment trusts was so much easier, with investors actually beating at the door. Next, look at the position at 31 August this year in table two. British Em...