Rights and Issues Investment Trust
We are now more than 12 months into Jupiter Asset Management’s tenure managing the Rights and Issues Investment Trust (RIII), following the retirement of Simon Knott, who was at the helm for 39 years. New managers Dan Nickols and Matt Cable have said they remain committed to the fund’s heritage, retaining the core principles of one of the UK’s oldest and most successful investment trusts over the long-term, while adding the benefits of Jupiter’s UK Small and Midcap investment team.Whilst the managers would say that broader macro-volatility has rained on the parade to a degree, with short-term performance not yet matching the new managers’ high expectations, they point out that it remains early days. From a fundamental perspective at least, indications suggest a seamless transition, with the managers laying the foundations for what they hope will be continuation of the company’s long-term record of outperformance.
Rights & Issues Investment Trust is a self-managed investment trust. Co. invests in equities with an emphasis on smaller companies. As of Dec 31 2017, U.K. smaller companies will normally constitute at least 80% of the investment portfolio. U.K. smaller companies include both listed securities and those quoted on the Alternative Investment Market.
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.
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.