‘Buy’ this emerging markets trust as US slashes interest rates  (2024)

Emerging Markets 26 Sep, 2024

Federal Reserve’s cut in US interest rates to 4.75-5% – its first reduction in four years – provides ‘a very strong tailwind’, says manager of this £1.7bn emerging markets fund.

‘Buy’ this emerging markets trust as US slashes interest rates (1)

By Gavin Lumsden

Twitter Facebook Linkedin WhatsApp >print comments

This article was first published in the Telegraph’s Questor column today.

Last week’s ‘jumbo’ 0.5% cut in interest rates by the US Federal Reserve has sent a nervous thrill through global stocks and could signal a much-needed recovery in emerging market (EM) funds after a difficult three years.

Markets are unsure how to interpret the bigger-than-expected move. Does the Fed’s first reduction in its ‘funds’ rate in four years signal everything investors want in a US ‘soft landing’ – inflation under control, an easing in financial pressures and a gentle slowdown in the world’s largest economy?

To continue reading, register for a free Citywire account

By clicking Register you agree to our .
Our privacy policy is available to read at any time here.

To read this article please sign in

Don't have an account?

Twitter Facebook Linkedin WhatsApp >print comments

Related Portfolio Managers

Chetan Sehgal

‘Buy’ this emerging markets trust as US slashes interest rates (2)

148/251 in Equity - Global Emerging Markets (Performance over 3 years)

Average total return:

-11.39%

Related News

FTSE flies after Fed opts for ‘jumbo’ 0.5% rate cut Templeton keeps its nose ahead by shedding another Russian stock ‘Determined’ Templeton Emerging pledges £200m in buybacks Templeton EM ready to deploy gearing as Saba positions for tender This is the digital infrastructure fund to ‘buy’ on a deep discount Buy this 9%-yielder for the UK commercial property recovery Buy cheap shares in this tried-and-tested Anglo-American dealmaker

Related Investment Trusts

Templeton Emerging Markets Investment Trust (Ordinary Share)

Show and add comments

Discounts and Premiums 27 Sep, 2024 Story By Gavin Lumsden

Hard-pressed China investment trusts jump as the country's stock market enjoys its best week in 16 years.

virtual event 27 Sep, 2024

Allianz – The Future of Technology: Artificial Intelligence and Beyond

By Citywire

‘Buy’ this emerging markets trust as US slashes interest rates (3)

virtual event 27 Sep, 2024

Merchants: UK could generate 12% annual return in next decade

By Citywire

‘Buy’ this emerging markets trust as US slashes interest rates (4)

Japanese Equities 27 Sep, 2024

Japan finally has its own narrative, says Schroders’ AA-rated Taketsume

By Jamie Colvin

‘Buy’ this emerging markets trust as US slashes interest rates (5)

Real Estate 27 Sep, 2024

Abrdn Property Income sale seals comeback for ex-LXi Reit manager

By Gavin Lumsden

‘Buy’ this emerging markets trust as US slashes interest rates (6)

growth capital 27 Sep, 2024

Chrysalis to return £40m to shareholders after Visa buys Featurespace

By Jamie Colvin

‘Buy’ this emerging markets trust as US slashes interest rates (7)

Capital allocation 27 Sep, 2024

International Public Partnerships raises £30m with partial sale

By Jamie Colvin

‘Buy’ this emerging markets trust as US slashes interest rates (8)

More Top Stories

‘Buy’ this emerging markets trust as US slashes interest rates (9) ‘Buy’ this emerging markets trust as US slashes interest rates (10)

GAVIN LUMSDEN, CITYWIRE INVESTMENT TRUST INSIDER

Editor’s Picks

investment trust awards 26 Sep, 2024

Citywire Investment Trust Awards 2024: The funds on our shortlists!

Emerging Markets 26 Sep, 2024

‘Buy’ this emerging markets trust as US slashes interest rates

active versus passive 26 Sep, 2024

David Stevenson: Rise of active ETFs should alarm investment trusts

Politics 25 Sep, 2024

Treasury minister: ‘We want to simplify the ISA landscape’

Regulation 24 Sep, 2024

Don’t Double Count: The campaigners who got bad disclosure rules dropped

LABOUR PARTY CONFERENCE 24 Sep, 2024

Labour’s Byrne: ‘There is a good case for a wealth tax’ starting at zero

investment trust manager ratings 25 Sep, 2024

Rockwood Strategic’s rocketing returns lift Staveley to AAA rating

Get the latest news in your inbox

By clicking Sign up you agree to our .
Our privacy policy is available to read at any time here.

Videos & podcasts

big broadcast 21 Sep, 2024 Story By Citywire

Merchants Trust: The extraordinary value in UK equities and dividends

In a recording of this week’svirtual event, Merchants Trustfund manager Simon Gergel explains why he is positive on the UK, which from these levels could outperform the US.

High Yield 11 Sep, 2024

This is the high yield debt you want to own in a recession

high income 05 Sep, 2024

Big Broadcast: EJF Investments and the double-digit yields from financing US banks

virtual event 26 Jul, 2024

Fidelity China: World-class companies on ‘compelling’ discounts

03 Jul, 2024

Fidelity Emerging: The only way is up for copper

magnificent seven 23 Jun, 2024

Brunner: Why we don’t buy bubbly Nvidia

Investment Trust Directors' Roundtable 21 Jun, 2024

Annual reports are a bore, TikTok is more fun!

Read more

COMMENT & ANALYSIS

Opinion 23 Sep, 2024 Story By James Carthew

James Carthew: Trusts that should rally on costs reform and rate cuts

There was no pool of capital waiting to pounce on last week’sgood news so there is still time to grab a bargain before over-sold investment companies start to bounce.

Regulation 24 Sep, 2024

Don’t Double Count: The campaigners who got bad disclosure rules dropped

Asia Equities 25 Sep, 2024

Picks and shovels: How to find Asia’s next TSMC

Discounts and Premiums 20 Sep, 2024

Trust Watch: Light in the tunnel but downtrodden bargains to be found

active versus passive 24 Sep, 2024

Too many followers not enough actors in these ‘Wobbly’ markets

recommendation 19 Sep, 2024

This is the digital infrastructure fund to ‘buy’ on a deep discount

Opinion 17 Sep, 2024

Richard Buxton: How I think about energy in my retirement portfolio

Read more

GUIDES

‘Buy’ this emerging markets trust as US slashes interest rates (11)

Story By Gavin Lumsden

Investment trusts: should I worry about discounts?

Discounts – where investment trust share prices trade below their underlying value – are sometimes presented as a good thing. Are they, asks Gavatar?

Gavatar: What higher inflation means for investment trusts
What is the difference between ‘investment trusts’ and ‘investment companies’?
Should I buy a new investment trust at launch?
Why do investment trusts buy their own shares?
What is the net asset value (NAV) of an investment trust?
Why investment trusts trade on ‘discounts’ and ‘premiums’

Read more

‘Buy’ this emerging markets trust as US slashes interest rates  (2024)
Top Articles
Latest Posts
Recommended Articles
Article information

Author: Fr. Dewey Fisher

Last Updated:

Views: 5269

Rating: 4.1 / 5 (62 voted)

Reviews: 85% of readers found this page helpful

Author information

Name: Fr. Dewey Fisher

Birthday: 1993-03-26

Address: 917 Hyun Views, Rogahnmouth, KY 91013-8827

Phone: +5938540192553

Job: Administration Developer

Hobby: Embroidery, Horseback riding, Juggling, Urban exploration, Skiing, Cycling, Handball

Introduction: My name is Fr. Dewey Fisher, I am a powerful, open, faithful, combative, spotless, faithful, fair person who loves writing and wants to share my knowledge and understanding with you.