Investment trusts beat stocksTech trusts lead the gainersSeraphim Space in first placeIn an interesting turn of events, after a couple of years 'in the wilderness', investments trusts seem to have come back into favour as an asset class this year according to data from the AIC (Association of Investment Companies).In the six months to the end of June, the average trust returned 8% compared...

The space sector is gaining traction with investors again amid increased activity among names spanning US aircraft maker Boeing (BA:NYSE), defence giant BAE Systems (BA.) and Elon Musk-backed SpaceX.On 5 June Boeing launched its long-delayed astronaut capsule Starliner towards the International Space Station with two Nasa astronauts on board.Butch Wilmore and Suni Williams ? the astronauts in...

The world's first listed SpaceTech fund, Seraphim Space Investment Trust (SSIT), is due to report third quarter results for the three months ending 31 March 2024 on 6 June.Seraphim shares have rallied sharply in recent months, coming off a 52-week low of 26p on 12 July last year to hit a 52-week high of 75p on 14 May after renewed investor interest in the sector.So, what's been grabbing...

Shares in Seraphim Space Investment Trust (SSIT) have nearly doubled from a low of 29p last November but are still a long way off their initial public offering (IPO) price of 100p.The trust?s share price has been volatile post-pandemic as investors ?fell out of love? with blue-sky stocks like Seraphim, which made its stock market debut in the summer of 2021, but over the past three months...

Unless they own shares in investment trusts, most readers probably will not have heard of the phrase 'continuation vote', and there is a chance a good many who do own investment trusts may be unfamiliar with them too.However, as the recent ups and (mostly) downs at music royalty fund Hipgnosis Songs Fund (SONG) have demonstrated, continuation votes can be literally a make-or-break event for...