The Adventurous Investor

Investment trusts, ETFs, alternatives and more.....

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David Stevenson

Structured Products: numbers for the last decade are in

Regular readers will know that I have soft spot for structured products. My sense is that these have moved from being lightly questionable products in the earlier part of this century to mainstream alternatives to the absolute returns/defensive funds space…. Continue reading →

Please take an interest in union politics – it will matter for all of us

It strikes me that one of the least reported stories here in the UK is the state of the trade union movement. Amongst City investors I think a consensus has emerged which suggests that they don’t really matter, except for… Continue reading →

Monday Macro – European earnings not looking too bad, plus bad debts for online lenders – how much will they increase?

My suspicion is that until fairly recently the ups and downs of the stock market were largely based  on pure guess work – hopes and expectations. Frankly, none of us had any idea how bad things might get and what… Continue reading →

Another addition to my funds trading list: Doric Nimrod 2

My latest addition to my funds trading list is one that I think can fairly be described as controversial. It is Doric Nimrod 3, ticker DNA 3. I’ve written before about the small fleet of listed aircraft funds, usually favouring… Continue reading →

The safe bet on infrastructure: INPP (International Public Partnerships)

Over the next couple of weeks, I’ll be adding two new funds to our Prudent 15 list, both in the broad infrastructure and utilities space. My next article will be on a fund that invests very broadly in the shares… Continue reading →

Left field idea infrastructure income idea

Infrastructure investing has gone absolutely mainstream over the last decade. When I first started writing about listed infrastructure funds in the Financial Times over a decade ago, there were just a handful of funds (including HICL and INPP) and yields… Continue reading →

Monday Macro – Slaughter of the dividends, US take outs and UK household spending falls off cliff

A (grim) tale told today in three related charts. The first is from the regular LINK Dividend monitor which tracks regular payouts by UK PLC. The headlines are below, with the accompanying chart mapping out the full horror of it… Continue reading →

My new Alternative Income trading list: First two (familiar) investment trusts

I’m finishing off this week with the launch of a new funds trading list/portfolio. Its aimed at those investors looking for an alternative income but who also would like the chance of some decent capital gains, powered in part by… Continue reading →

CoVid 19 in a wider context plus value managers struggle in Asia

An interesting observation or two today from Charlie Robertson, Chief Economist at Renaissance Capital.  The first is based around the first chart below, which puts existing CoVid 19 deaths within a broader context for mortality data. According to Robertson, “If… Continue reading →

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