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Edison Investment Research Limited · ISIN: GB00BQZCCB79 · EQS - Company News (3 News)
Country: Great Britain · Primary market: United Kingdom · EQS NID: 1978005
29 August 2024 04:11PM

Edison issues report on Murray International Trust (MYI)


Edison Investment Research Limited
Edison issues report on Murray International Trust (MYI)

29-Aug-2024 / 15:11 GMT/BST
The issuer is solely responsible for the content of this announcement.


 

London, UK, 29 August 2024

 

Edison issues report on Murray International Trust (MYI)

Edison issues report on Murray International Trust (MYI).

Murray International Trust’s (MYI’s) managers Martin Connaghan and Samantha Fitzpatrick (the previous third manager Bruce Stout retired at the end of June 2024) are mindful that although markets were strong in H124, there are reasons to be cautious. The US dominates global indices and market leadership has been narrow, led by mega-cap technology companies that are viewed as beneficiaries of the growth in AI. Any earnings shortfalls in these companies could lead to broader-based share price weakness. Central banks are having to deal with the delicate balance of controlling inflation and supporting growth, while major geopolitical tensions and conflicts and the US presidential election are also significant factors that could weigh on investor sentiment. MYI’s focus on high-quality, dividend-paying stocks with a portfolio that is diversified by sector and geography could be well placed to navigate near-term volatility.

Click here to read the full report.

All reports published by Edison are available to download free of charge from its website

www.edisongroup.com

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End of Announcement - EQS News Service

1978005  29-Aug-2024 

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