BNKR Bankers Investment Trust PLC

Edison issues report on The Bankers Investment Trust (BNKR)

Edison Investment Research Limited
Edison issues report on The Bankers Investment Trust (BNKR)

24-May-2024 / 10:13 GMT/BST
The issuer is solely responsible for the content of this announcement.


 

London, UK, 24 Mai 2024

 

Edison issues report on The Bankers Investment Trust (BNKR)

to view the full report.

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Reports on Bankers Investment Trust PLC

 PRESS RELEASE

Edison issues report on The Bankers Investment Trust (BNKR)

Edison Investment Research Limited Edison issues report on The Bankers Investment Trust (BNKR) 24-May-2024 / 10:13 GMT/BST The issuer is solely responsible for the content of this announcement.   London, UK, 24 Mai 2024   Edison issues report on The Bankers Investment Trust (BNKR) to view the full report. All reports published by Edison are available to download free of charge from its website Edison is authorised and regulated by the . Edison is not an adviser or broker-dealer and does not provide investment advice. Edison’s reports are not solicitations to buy or sell...

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Bankers Investment Trust (The) - Greater investment flexibility may bo...

The Bankers Investment Trust (BNKR) focuses on cash-generating companies and FY23 (ended 31 October 2023) was its 57th consecutive year of dividend growth. Dividends rose by 10%, maintaining the trust’s track record of above inflation dividend growth over the long term. The board expects dividends to rise by at least 5% in FY24. While this is commendable, BNKR’s recent relative total return performance has been adversely affected by its lack of exposure to most of the so-called Magnificent Seven...

Pedro Fonseca
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Bankers Investment Trust (The) - Most regional portfolios outperformed...

The Bankers Investment Trust (BNKR) posted an 8.1% net asset value (NAV) per share total return (TR) in H123 (period ending 30 April 2023). Most of its regional sub-portfolios (sleeves) outperformed their benchmarks, highlighting the respective managers’ strong stock-selection capabilities. Dividend income across the portfolio was up 10% in H123 and BNKR declared a second interim dividend of 0.62p (with the ytd payout up c 10% y-o-y). Moreover, Alex Crooke (BNKR’s lead manager) now expects FY23 ...

Pedro Fonseca
  • Pedro Fonseca

Bankers Investment Trust (The) - Well positioned for the current envir...

The Bankers Investment Trust (BNKR) has been managed by Alex Crooke, co-head of equities at Janus Henderson Investors (JHI), since July 2003. It can be considered as a ‘one-stop shop’ for global equity exposure as the fund is made up of six geographic portfolios (sleeves), which harness the talent of JHI’s regional specialists. Crooke (in conjunction with the board) sets BNKR’s asset allocation and manages its gearing. He believes that inflation will remain elevated, and that future shareholder ...

Pedro Fonseca
  • Pedro Fonseca

Bankers Investment Trust (The) - Maintaining a defensive tilt

In our update on The Bankers Investment Trust (BNKR) in August, we updated readers on fund manager Alex Crooke’s macroeconomic views and positioning. As one would expect, there have not been wholesale changes since then in his views and the resultant positioning, as invariably BNKR’s style is incremental change. There are some developments on the potential direction of travel for geographic weightings, with the manager taking advantage of the recent relative strength in UK large caps to raise le...

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