Defensives hold up in sell-offNew appetite for growth stocksBanks unable to shake off lossesAs the dust settles from the three-day 'Liberation Day'-inspired sell-off, the list of winners and losers makes for interesting reading.Not everything which held up during the market meltdown is being sold off, and not everything which racked up big losses is rebounding, unlike in previous recoveries,...

HgCapital Trust(HGT) 520pGain to date: 13.2%Private equity investment trust HgCapital (HGT) has continued to put in a robust performance since we said last March that it can add growth and value to your portfolio.The businesses it invests in provide software and services ranging from tax, accounting and payrolls to factory automation, fintech, insurance, healthcare and crisis and incident...

Funds play a really important role in most investors' portfolios. Many of us may not have the time or the inclination to research our own investment ideas and would rather entrust a professional to pick stocks (and other investments for us).The strength of broad market indices, particularly global and US ones, has made it difficult for actively managed funds to outperform over the last decade...

HgCapital Trust (HGT) 458.8pMarket cap: £2.1 billionWhile it may not be as well known as FTSE 100 private equity firm 3i (III), specialist software and services investment trust HgCapital (HGT) has an equally impressive track record.Total share-price returns over the last decade are 18.8% per year, slightly ahead of the FTSE 100 giant which has posted 18% compound annual growth, while 2023...

Strong share price return in 2023 Discount narrowed from 23% to 13%Positive investment outlook for 20242023 was a banner year for private equity investor HgCapital Trust (HGT), continuing its strong run of outperforming the FTSE All-Share.Despite market volatility, the company posted a 26.2% share price total return last year, lifting its 10-year total return to an average of 18.8% per...

Double-digit NAV increaseTotal share price return of 26.2%High portfolio turnoverPrivate equity investment trust HgCapital (HGT) delivered strong preliminary results for the year to December with an estimated 10.7% uplift in total NAV (net asset value) return per share to 498.6p.Investors responded positively, chasing the stock up 10p or 2.4% to 439p close to its recent highs. HIGH...