Information  X 
Enter a valid email address

Murray Intnl Trust (MYI)

  Print          Annual reports

Friday 26 March, 2021

Murray Intnl Trust

Edison issues review on Murray Int. Trust (MYI)

RNS Number : 6516T
Murray International Trust PLC
26 March 2021


London, UK, 26 March 2021


Edison issues review on Murray International Trust (MYI)

Murray International Trust (MYI) is managed by the Global Equity team at Aberdeen Standard Investments (ASI), led by Bruce Stout and supported by Martin Connaghan and Samantha Fitzpatrick. Stout says 'it was a humbling experience to manage an income fund in 2020 as so many companies had to cut, cancel or suspend their dividends'. Last year, global stock market leadership was narrow as 'when growth is scarce investors are prepared to pay any price for growth businesses'. Once vaccine programmes gain momentum and lockdowns are eased, the manager expects pent-up demand to contribute to a meaningful improvement in economic growth and broader market leadership, 'which would be helpful for the relative performance of a diversified portfolio' and has been evident over the last few months. MYI continues to have a significant exposure to emerging markets as these are regions where Stout sees the most attractive growth prospects.


In FY20, the trust's income was 46.6p per share, which was 13.9% lower year-on-year because of pressure on corporate dividends due to COVID-19. The board continued its progressive policy and the FY20 annual dividend of 54.5p per share was 1.9% higher than 53.5p in FY19. Starting in 2021, Stout is now able to modestly enhance the trust's income via writing covered options and stock lending.

Click here to view the full report or here to sign up to receive research as it is published.


All reports published by Edison are available to download free of charge from its website

About Edison: E dison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors. By focusing on the volume and quality of investors reached - across institutions, family offices, wealth managers and retail investors - Edison can create and gauge intent to purchase, even in the darkest pools of capital, and then make introductions via non-deal roadshows, events or virtual meetings.

Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector. Headquartered in London, Edison also has offices in New York, Frankfurt, Amsterdam and Tel Aviv and a presence in Athens, Johannesburg and Sydney.

Edison is authorised and regulated by the Financial Conduct Authority .

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

For more information, please contact Edison:

Mel Jenner +44 (0)20 3077 5720 [email protected]

Sarah Godfrey +44 (0)20 3681 2519 [email protected]

Learn more at and connect with Edison on: 




This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

a d v e r t i s e m e n t