News and views 2002

7 October 2002

Defensive McLeish remaining cautious

Ian Mcleish, fund manager of The Scottish Investment Trust, believes high oil price is a negative sign for the world economy in the future.

14 July 2002

Reform will aid trusts sector

Investment trusts, the oldest form of collective investment vehicle, which were invented in Scotland in the 1860s, are set to emerge as unlikely beneficiaries of Sandler's proposed reforms, if Blair's government implements them in full.

9 July 2002

AITC Welcomes Sandler Report as a Big Step Forward For Consumers

Today the Association of Investment Trust Companies (AITC) warmly welcomed the Sandler Report.

4 July 2002

Searching for a safe pair of hands

Disappointed investors who want to pull out of technology stocks - or any other sector, for that matter - might want to take a look at the share exchange scheme offered by Scottish Investment Trust.

1 July 2002

The time is now

Has the stock market hit the bottom and is now a good time to buy in? Is timing the market something you should look to do? Or is it impossible, something the so-called experts can't even achieve? Keiron Root looks for clues.

15 June 2002

citycomment

The Scottish Investment mafia is outraged. After 115 years, those activist sassenachs at Hermes and impertinent Frenchies at Axa are daring to question the performance of the Scottish Investment Trust. The recent record is sort of middling, but it hardly warrants Hermes chief activist David Pitt-Watson clambering over the ramparts rousing rebellion.

15 June 2002

Scot IT derails tracker scheme

Activist fund manager Hermes Focus Asset Management defended its proposal to restructure the 115-year old Scottish Investment Trust, denying allegations of overly complex financial engineering.

14 June 2002

SIT rejects 'costly' plan for shake-up

One of the biggest investment trusts in the UK has rejected a proposal from two shareholders to restructure itself by splitting its capital.

14 June 2002

SIT hits out at investors over break-up plan

The £1.1 billion Scottish Investment Trust launched a blistering attack on two of its largest institutional investors yesterday, who had proposed the trust be broken up in a radical restructuring.

21 January 2002

Growing benefits of an investment trust almost as safe as houses

Readers of a nervous disposition are advised to turn the page now - particularly if they have always believed the well-known phrase or saying that bricks-and-mortar are a sound investment.