The three best-performing sectors trading on double-digit discounts

European trusts trounce other sectors

clock • 3 min read

European equity investment trusts appear to be some of the most heavily discounted, yet best-performing areas of the closed-ended market over five years, research shows.

Using data from The AIC and FE, Investment Week has found that the three best-performing sectors on double-digit discounts have been IT Country Specialist: Europe ex UK, IT European Smaller Companies and IT European Emerging Markets. Chris Salih, a member of the research team at FundCalibre, said: "Europe is an unloved sector and that is supported by the consistent outflows seen on the open-ended side in 2019, as well as the discounts on the IT side. "That said, it is a slight surprise the IT Country Specialist: Europe ex UK and European Smaller Companies sectors are both trading at d...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Trustpilot