Personal Assets Trust

"As a politics graduate, I have a disproportionate interest in the subject. I also recognise the distraction that political outcomes pose to investors, often adding mere noise, to be ignored, if we are to succeed. Yet in the last decade that noise has become louder and its market impact, albeit modest for much of the time, has not always been inconsequential." In the latest Quarterly Report, Sebastian Lyon and Charlotte Yonge explain how, as long-term investors, being reactive to news rarely adds value in the long run. https://lnkd.in/eSvSMNqH

Earlier this week we were delighted to welcome shareholders to our annual Investment Trust Seminar. Sebastian Lyon, Manager of Personal Assets Trust and James Harries, Manager of STS Global Income & Growth Trust together updated shareholders on process, performance and asset allocation whilst also sharing their investment outlook during a period of uncertainty in global markets. Please click below to watch the recording. https://lnkd.in/e52jVBtY

“There is nothing wrong with admitting that you don’t know something. What makes investing so fascinating and sometimes frustrating is not knowing all the answers.” In the latest Quarterly Report, Sebastian Lyon and Charlotte Yonge discuss how gold is the gold standard for precious metals and why they continue to keep things simple. https://lnkd.in/emgNz-92

“There is nothing wrong with admitting that you don’t know something. What makes investing so fascinating and sometimes frustrating is not knowing all the answers.” In the latest Quarterly Report, Sebastian Lyon and Charlotte Yonge discuss how gold is the gold standard for precious metals and why they continue to keep things simple. https://lnkd.in/emgNz-92

In the latest episode of ‘Far From the Finishing Post’, Tom Yeowart and Sebastian Lyon speak to Robbie Robertson, Independent Non-Executive Director of Personal Assets Trust.   They discuss the evolution of the investment trust industry, the advantages of a closed-end structure and the role Personal Assets Trust can play in a portfolio. You can listen to the full episode here: https://lnkd.in/eDy_ynDf

After a very different sort of year in 2022, much of the market was caught off guard in 2023 by a showstopping performance from the share prices of a handful of technology companies. In Personal Assets Trust’s Q1 Report, Charlotte Yonge and Sebastian Lyon look to the year ahead, considering valuations, as well as risk and prospective returns for each asset class in the portfolio. https://lnkd.in/gUgj7fKb

In an article from Trustnet we were pleased to see that Jason Hollands, Director at Bestinvest has picked Personal Assets Trust, managed by Sebastian Lyon and Charlotte Yonge, as one of his top cautious fund picks for 2024.     https://lnkd.in/eeQ6A3nZ

We are delighted to see that Personal Assets Trust, managed by Sebastian Lyon and Charlotte Yonge, has been selected by Emma Wall, Head of Investment Analysis and Research at Hargreaves Lansdown, as one of their 5 trusts to watch in 2024. https://lnkd.in/e3T6-qjV

A recent article from Michelle McGagh in Citywire Wealth Manager discusses Personal Assets Trust’s increased exposure to UK index-linked bonds, as well as the trust’s new position in Heineken.   The purchase of Heineken is a good example of PAT’s equity selection process, which focuses on buying quality businesses when the market is looking the other way.   ‘’The bear market, which began in stock markets at the beginning of 2022, has some way to go, we are positioned accordingly but are prepared to shift more positively as and when we see improved valuations.’’   You can read the full article here: https://lnkd.in/ec_i3man

Sebastian Lyon, Manager of Personal Assets Trust, recently appeared on the Behind the Balance Sheet podcast with Stephen Clapham.   They discussed the formative years of Sebastian’s career and how he came to develop his distinct investment approach, prioritising capital preservation and looking to generate growth over the long-term, which remains at the core of Troy Asset Management and Personal Assets Trust.   You can listen to the full podcast here: https://lnkd.in/drccmkVM