BlackRock Throgmorton Trust (THRG) has shrugged off the effects of COVID-19, which triggered sharp falls in markets in March, and delivered decent returns over 2020. Dan Whitestone, its manager, remains genuinely excited about THRG’s prospects. He has been banging the drum for the trust, encouraging investors to set aside any doubts over the outlook for the UK, and back THRG’s portfolio of growing companies. Many commentators have highlighted the extreme undervaluation of the UK relative to other markets, a consequence of the uncertainty around Brexit and our somewhat haphazard handling of the pandemic. Dan points out that moments of maximum uncertainty can present incredible opportunity for the long-term investor.
14 Dec 2020
Infectious enthusiasm
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Infectious enthusiasm
BlackRock Throgmorton Trust PLC GBP (THRG:LON) | 581 40.7 1.2% | Mkt Cap: 537.3m
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14 Dec 2020 - Author:
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BlackRock Throgmorton Trust (THRG) has shrugged off the effects of COVID-19, which triggered sharp falls in markets in March, and delivered decent returns over 2020. Dan Whitestone, its manager, remains genuinely excited about THRG’s prospects. He has been banging the drum for the trust, encouraging investors to set aside any doubts over the outlook for the UK, and back THRG’s portfolio of growing companies. Many commentators have highlighted the extreme undervaluation of the UK relative to other markets, a consequence of the uncertainty around Brexit and our somewhat haphazard handling of the pandemic. Dan points out that moments of maximum uncertainty can present incredible opportunity for the long-term investor.