Review: Long-term view, flexible approach, wide discount
Hansa Trust’s long-term, endowment-style approach to investing means it tends to have a bias towards equities, which on an underlying basis currently account for c 90% of the portfolio. Within this, the portfolio is differentiated through its access to funds not typically available to the retail market, its focus on UK special situations and a significant indirect holding in Wilson Sons, a quoted Brazilian maritime services business. The manager also has the ability to allocate to uncorrelated assets as the market cycle matures. The discount has narrowed modestly over the last year to c 21%, or 29% on a look-through basis, but there is still ample scope for this to contract further.Hansa Trust is an investment trust company. Co. invests in a portfolio of quoted and unquoted special situations, many of which may not normally be available to the general public, with the objective of attaining growth of shareholder value. By the very nature of special situation investments, the opportunity to invest in them will arise at any time but often not for long periods.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.