Should you stick with smithson?

In 2026, the FTSE 100 index is likely to pass 10,000 for the first time thanks to the onward march of corporate earnings around the globe. UK investors have been remarkably reluctant to invest despite

Since listing in 2013 Greencoat UK Wind (LSE: UKW) has grown to become one of the UK’s largest investment trusts. At one point, its net asset value (NAV) reached almost £4bn. Yet the trust has generat

A healthy aspect of capitalism is that the interests of small shareholders are mostly aligned with large shareholders. When an amateur investor buys shares in the same company as a much larger institu

Private equity has grown rapidly in recent years. By 2024, there were more than $6trn in private equity assets, up from $2trn a decade ago, according to data firm Preqin. Venture capital added about $

Who’s tipping what

After five years of miserable performance and with the shares trading at a 10% discount to net asset value (NAV), despite 20% of the share capital having been bought back, the directors of the Baillie