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Shin Nippon

  • Baillie Gifford’s Shin Nippon trust had a terrible 2023. Can it fix its problems?

    Investment trusts

    After a year of abysmal performance, the board of Baillie Gifford’s Shin Nippon trust have pledged to commit to a major tender offer if its problem persists. In the trust’s 2023 results today, the investment trust revealed that the trust’s share price had declined by 20.5 per cent, while net asset value declined by 14.9 [...]

    James Carthew, head of investment companies at Quoteddata asked whether the share buyback suggestion was "too little, too late" for Shin Nippon.

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