EDISON INVESTMENT RESEARCH LIMITED (LON:KEFI) Edison issues report on The Bankers Investment Trust (BNKR)
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Edison Investment Research Limited
London, UK, 29 November 2024
Edison issues report on The Bankers Investment Trust (BNKR) Edison issues report on The Bankers Investment Trust (LSE: BNKR). Following a strategic review earlier this year, the manager of the Bankers Investment Trust (BNKR), Alex Crooke, has concentrated the portfolio, reducing the number of holdings from around 170 to 100 by focusing on the best ideas available across global markets. The manager and the board believe this asset reallocation will differentiate BNKR from its peers, by making it one of the most concentrated investment companies in the AIC’s Global sector. Crooke stresses that this change does not represent a new strategy but is instead a refocusing of the trust’s existing approach. His attention to valuations also remains unchanged. Crooke believes the portfolio now forms ‘a whole that is greater than the sum of its parts’. He is optimistic that, combined with the board’s more flexible attitude to the use of revenue reserves to support dividends if required, the asset reallocation means the portfolio is well-placed to boost capital returns, while ensuring the trust keeps delivering progressive dividend growth. Click here to read the full report. All reports published by Edison are available to download free of charge from its website 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: Connect with Edison on:
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2041345 29-Nov-2024
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