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Tue, December 10, 2024
Mon, December 9, 2024

Top 10: what investment trusts did investors buy in November?


Published on 2024-12-09 21:41:17 - Fidelity International
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In November, investors showed a strong preference for investment trusts focusing on renewable energy and infrastructure, with the top three most bought trusts being related to these sectors. Specifically, the Greencoat UK Wind PLC led the pack, followed by other trusts like Renewables Infrastructure Group and NextEnergy Solar Fund, indicating a clear trend towards sustainable investments. Additionally, there was notable interest in trusts offering high yields and those involved in private equity, such as 3i Group and HarbourVest Global Private Equity. This buying pattern reflects broader market trends towards environmental, social, and governance (ESG) considerations, alongside a search for income in a low-interest-rate environment. However, the article also notes a significant sell-off in trusts like Scottish Mortgage Investment Trust, possibly due to concerns over valuations in the tech sector.

Read the Full Fidelity International Article at:
[ https://www.fidelity.co.uk/markets-insights/investing-ideas/investment-trusts/what-investment-trusts-did-investors-buy-in-november/ ]
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