QuotedData Retail - EP Global Opportunities Trust PLC (EPG) Global Opportunities Trust – Cash pile grows as valuations climb

Report

QuotedData Retail

James Carthew

Global Opportunities Trust – Cash pile grows as valuations climb

Strong performance from Global Opportunities Trust’s equity portfolio drove solid NAV growth in 2025. Shareholders also benefited as the trust’s discount to NAV narrowed, though it remains wide.

Noting higher valuations in the portfolio and broader market, the manager took profits and increased cash, leaving the trust ready to act if markets fall.

The trust is no longer self-managed, which should allow greater flexibility with the use of both gearing and derivatives. Currently, the manager sees opportunities in mid-cap companies with unique valuation drivers and low sensitivity to the economy.

30/01/2026 12 EN

Underlying

EP Global Opportunities Trust PLC

EP Global Opportunities Trust is an investment trust company. Co. invests in a focused portfolio of approximately 30 to 40 securities of issuers throughout the world, predominantly in quoted equities. Co. may also invest in unquoted securities, which are not anticipated to exceed 10% of Co.'s total assets at the time of investment (excluding shares held in Edinburgh Partners Limited). Co. has appointed Edinburgh Partners AIFM Limited as its Alternative Investment Fund Manager.

See profile

GB0033862573 London Stock Exchange United Kingdom

Provider

QuotedData Retail

QuotedData you with provides access to research on Investment Companies, Investment Trusts and Mining companies. Our aim is to provide you all the information you might need to make your own investment decisions. We cannot offer you advice on your investments.

See profile

Analysts

James Carthew

Other Reports on these Companies

QuotedData Professional

Global Opportunities Trust – Cash pile grows as valuations climb

A strong contribution from Global Opportunities Trust (GOT)’s equity portfolio led to decent NAV growth over 2025. Shareholders benefitted further from a narrowing of its – still too-wide, in our view – discount. The manager observed the rising valuation multiples on many of the stocks in the portfolio and in the wider market, and decided to book profits and raise cash levels. The portfolio is, therefore, well-positioned to take advantage of a decisive setback. The trust is no longer self-managed. This change should give it more flexibility when it comes to using gearing and derivatives in ...

January 30, 2026 January 30, 2026 12 EN

Ford Equity Research

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stockâ€™s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the we...

EUR 18.48

December 16, 2016 December 16, 2016 2 EN

Alliance Witan – Returns based more in reality than hope

Alliance Witan (ALW) has released its 2025 annual results, showing returns below its benchmark, the MSCI All Countries World Index (MSCI ACWI). This note looks at the reasons for this underperformance. ALW’s manager, Willis Towers Watson (WTW), says markets are now too focused on short-term trends and momentum, with valuations rising for unprofitable companies based on hope, rather than strong business fundamentals. In contrast, ALW’s companies generally have stronger results than the wider market. Since our last update, WTW has made two changes to the manager line-up, replacing SGA with Br...

March 13, 2026 March 13, 2026 14 EN

James Carthew

James Carthew

NextEnergy Solar Fund – New focus on total returns

As we explain in this note, NESF has found itself in a difficult place. No bidders emerged during the strategic review and a wide discount to NAV lowers its enterprise value, which limits its ability to buy back shares under the USS preference share covenant. While asset sales have helped reduce debt, weak demand for mature assets means this is not a quick solution and a managed wind down is not possible. As NESF needs cash, reducing the dividend is seen as the best option. The board and advisers believe this approach, which conserves cash, can deliver the targeted 9%-11% total returns.

March 13, 2026 March 13, 2026 EN

James Carthew

James Carthew

BlackRock American Income Trust – On the up

BlackRock American Income Trust (BRAI) has performed well both in absolute terms and compared to its benchmark since our last update in November 2025. Although the strategy is still new, early results are promising. BRAI uses a value index as its benchmark, so it holds fewer of the large AI-focused US companies that dominate broader indices. This has helped recently, as investors are starting to question whether these companies can maintain their high levels of investment and whether this investment can deliver decent returns. As a result, interest is spreading to other areas of the market,...

March 4, 2026 March 4, 2026 12 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

Global Opportunities Trust – Cash pile grows as valuations climb

Global Opportunities Trust – Cash pile grows as valuations climb

Ford Equity International Rating and Forecast Report

Alliance Witan – Returns based more in reality than hope

NextEnergy Solar Fund – New focus on total returns

BlackRock American Income Trust – On the up

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe