Trusts up cash weightings

Professional Adviser
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the groups shift money from equities over past six months in favour of more liquid ASSETS

Investment trusts have increased cash weightings over the past six months, pulling money out of equities in favour of more liquid assets. Of the 37 sectors in the investment trust universe, 19 saw an increase in the weighted average proportion of cash held in the component portfolios over the six months to 24 March, according to HSBC investment trust data tables for NAV performance, gearing and discounts. Analysis by Investment Week has found that of the 19 trust sectors where cash weightings increased, 11 also saw a reduction in the weighted average allocation to equities, suggestin...

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