The £1.1bn Perpetual Income and Growth trust (PLI) and £1.7bn Edinburgh Investment Trust (EDIN), both run by Invesco manager Mark Barnett, are currently trading at the widest discounts since the global financial crisis, representing what analysts are calling a "significant contrarian opportunity".
As at 8 June, PLI is trading on a discount of 11% versus a 12-month average of -8.8%, while EDIN is trading on a discount of 8.3% versus an average of -7.6% over the past year. The last time such wide...
Latest edition of the print magazine online
Partner Insight: For Blackfinch, the arrival of its IHT portfolio services was a 'natural evolution' in the group's offering and points to an established track record of returning cash to investors.
Joined in December
Guidance on dealing with misconduct ahead of regulation launch
Consumer goods and tech companies get support