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26. Bull, Bear & Beyond – Murray Income Trust in 60 seconds image

26. Bull, Bear & Beyond – Murray Income Trust in 60 seconds

S1 E26 · Bull, Bear & Beyond by Edison Group
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6 Plays1 year ago

Edison recently published a note on Murray Income Trust

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About ‘Bull, Bear & Beyond’

Bull, Bear & Beyond': features candid conversations with senior executives and from our own team of experts from across industries, exploring strategy, innovation, and the opportunities shaping their markets and 60-second pieces are a compressed summary of content designed to convey our message in a single, easily shareable hit.

About Edison:

Edison is a content-led IR business. We believe quality investment content should inform all investors, not just brokers. Our mission: engage and build bigger, better-informed investor audiences for our clients.

Edison covers 50+ investment trusts, read about them here: https://www.edisongroup.com/equities/investment-companies/

Original interview published on 02/12/2024 and reposted as a podcast

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Transcript

Introduction to Murray Income Trust

00:00:00
Speaker
Madison recently published a note on Murray Income Trust. This trust invests in high quality, mainly yeah UK listed stocks, which the manager believes are best placed to support the trust's objective to provide a high and rising dividend.

Dividend Achievements and Future Expectations

00:00:13
Speaker
The trust has realised this objective, delivering a continually rising dividend for 51 years, and it looks set to extend this record in 2025.

Impact of Quality Focus on Performance

00:00:23
Speaker
Murray Income's quality focus has undermined its relative performance over recent years as value stocks have outperformed. But long-term performance has been positive and close to the benchmark, satisfying the Trust's capital growth goal.

Optimism and Market Potential

00:00:37
Speaker
And the manager is optimistic about the prospects for UK equities, especially the quality businesses he targets. Investors are underweight this market, suggesting a rise in inflows is overdue, and declining interest rates should encourage greater mergers and acquisition activity as investors seek to take advantage of the valuations that the manager believes remain compelling.