Wealth managers’ response to market storm

‘If you panic, panic early’: Wealth managers’ response to market storm citywire.co.uk comment by Senior Investment Manager Nigel Moore at Pilling & Co The pace of the vaccine rollout and anticipated economic recovery has generated a renewed focus on inflationary pressures and their impact… continue to read the full article at: … Read more

Telegraph Questor Article

Questor: as vaccines bring hope to the markets it’s time to dip a toe into ‘value’ trusts Questor investment trust bargain: value stocks never looked better priced and the trusts that own them offer high yields. Nigel Moore of Pilling & Co Stockbrokers said “The move into value is coming … Read more

Woodford Patient Capital Update

The demise of Neil Woodford’s fund management operation has been an upsetting episode for the company’s employees and clients alike.  Coverage suggests the saga will rumble on for some time yet but we wish to focus on the immediate impact to Woodford Patient Capital Trust, a fund established to most … Read more

Woodford Patient Capital

Nigel Moore, a senior wealth manager at Pilling & Co has been quoted in citywire.co.uk. Read the full article at: http://citywire.co.uk/investment-trust-insider/news/woodford-patient-capital-battered-shares-draw-in-bargain-hunters/a1112723 ‘The top 10 holdings now account for over 60% of the fund with significant biotech and healthcare exposure. I am concerned about the concentration effect. The long tail of 79 … Read more

Six out of 10 investors try to sell Invesco Asia

Nigel Moore, a senior wealth manager at wealth manager Pilling & Co, did not expect Invesco Asia’s discount to narrow from here – in spite of its board’s best efforts. ‘The trust’s long-term performance has been impressive yet recently it has consistently traded at or around a 10% discount to … Read more

Empiric Student Property sets itself test

Terry Applegate, a wealth manager at Pilling & Co, suggests Empiric’s issue price offers a ‘fairly attractive entry point’, provided the UK economy remains stable and demand for university places proves robust. ‘The one thing that we are not able to plan for at the moment is the potential impact … Read more

Can Invesco Asia break its discount cycle?

As many of the trusts in Asia Pacific excluding Japan currently trades on a discount, Alistair Hodgson, an investment manager at stockbrokers Pilling & Co, suggested investors could be overlooking the sector, in favour of Asian income and broader international equity funds. ‘I would expect the discounts to narrow if … Read more

Which Funds are Dividend Heroes?

Nigel Moore, a senior wealth manager at Pilling & Co, highlights the trust’s significant revenue reserves, which stand at approximately 13.5 pence per share. He says this equates to 85% of the full-year dividend – if the reserves were needed. “This will be advantageous to investors if corporate earnings decline … Read more

Mixed earning results for UK firms

Red Megaphone

Alistair Hodgson of Pillings Stockbrokers discussed the results with the BBC’s Stephanie McGovern. “Some of the UK’s biggest firms announced half and full year profits on Thursday. British Gas owned by Centrica has reported a 23% rise in profits in its residential business. However, there is bad news for the … Read more