Update from QuotedData

Rights and Issues Inv. Trust PLC

20 December 2023

 

 

Rights and Issues Investment Trust - Update from QuotedData

20^th December 2023

Old dog, new tricks

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 remain committed to its heritage, retaining the core principles of one of the UK's oldest and most successful investment trusts, while adding the benefits of Jupiter's large and well-resourced UK Small and Midcap investment team.

Whilst broader macroeconomic volatility has rained on the parade to a degree, with short-term performance not yet matching the new managers' high expectations, it remains early days. From a fundamental perspective at least, indications suggest a seamless transition with the foundations being laid for a continuation of the company's long-term record of outperformance.

Full Research:

https://quoteddata.com/research/rights-issues-investment-trust-old-dog-new-tricks-qd/

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: Marten & Co was paid to produce this note on Rights and Issues Investment Trust and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.

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