Gearing is often presented as a stumbling block in investment trust due diligence. It can be difficult to pigeon-hole a trust into a certain risk category when gearing can range significantly, for example. This can be addressed with a proper understanding of gearing – different investment trusts use different types and with that comes different risks. The session will cover: The different types of gearing used; the markets in which it has been particularly effective; how the decision is made; how investors can analyse gearing; how geared investment trusts can be incorporated into traditional risk models.
Jackie Beard, Morningstar (moderator)
Simon Moore, BestInvest
Dennis Hall, Yellowtail
Peter Hewitt, F&C Investments
Ben Ritchie, Aberdeen Asset Management