Report
Sarah Godfrey

All Change? Investing in a year of global elections

The year 2024 has been an extraordinary one for the global electorate, with more than half the world's population going to the polls in elections in 50 countries from Algeria to Venezuela. While some arrived with an element of surprise – from snap elections in France and Japan to the earlier-than-expected date of the UK general election – others, notably the US presidential election, were set long in advance, although even there, the eleventh-hour substitution of the Democrat candidate was an unexpected event. There are certain sectors and regions that may be more affected than others by a change in political leadership. We have therefore brought together a group of investment trust managers of both broad and specialist strategies to discuss what investors can expect in a changing global political landscape.
Underlyings
Blackrock Energy and Resources Income Trust Plc

BlackRock Commodities Income Investment Trust is an investment trust company. Co.'s principal activity is portfolio investment.

BlackRock Smaller Companies Tst

BlackRock Smaller Companies Trust is an investment trust company. Co. invests mainly in smaller U.K. quoted companies. Co.'s principal activity is portfolio investment. Co.'s investment manager is BlackRock Investment Management (UK) Limited and its alternative fund manager is BlackRock Fund Managers Limited. At Feb 28 2017, the investment portfolio comprised listed equity investments valued at £648.0 million.

F&C INVESTMENT TRUST PLC

Foreign & Colonial Investment Trust is an investment trust company investing primarily in an international portfolio of publicly listed equities, as well as unlisted securities and Private Equity. Co. is managed by F&C Investment Business Limited, which also acts as the Alternative Investment Fund Manager.

International Biotechnology Trust PLC

International Biotechnology Trust is an independent investment trust company. Co. invests primarily in biotechnology and other life science companies. The portfolio is split between large, mid and small capitalisation companies, primarily quoted on stock exchanges in North America, though investments will also be made in Europe, Asia and Australia. Investments may also be made into unquoted companies and into funds not quoted on a stock exchange, including venture capital funds. Co. has delegated responsibility for day-to-day investment of its assets to the Alternative Investment Fund Manager, SV Health Managers LLP.

JPMorgan US Smaller Co IT

JPMorgan US Smaller Companies Investment Trust is an investment trust company. Co. invests in U.S. smaller companies. Co. is managed by JPMorgan Funds Limited, its Alternative Investment Fund Manager. As of Dec 31 2017, the value of Co.'s investment portfolio was £175.4 million.

Provider
Capital Access Group
Capital Access Group

Capital Access Group advises companies on effective engagement with investors. Our experienced team offers market-leading access with hard-to-reach investors, including smaller institutions, pension funds and private client fund managers. These under-serviced investors are located not only in London but across the regions of the UK and Europe. We have an unrivalled knowledge of this extensive audience, to whom our published research is distributed, as well as to larger institutions. We offer this service as part of an integrated investor communications strategy to promote a company’s investment story.

Our clients, ranging from AIM to FTSE 100 companies, benefit from our professional, long-term relationships with investors. Not only do we identify and target investors, we contact them directly and relay their views back to clients with analysis, interpretation and advice. This ensures that our clients are in control of their investor engagement. The objective is to improve the reach and engagement with investors, which in turn strengthens the share price.

Analysts
Sarah Godfrey

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