Investment trust and funds latest news LON:FSV, RECI, JEDT, FAS, DIVI

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DirectorsTalk highlights the latest portfolio manager and analyst views for Fidelity Special Values, Real Estate Credit Investments, JPMorgan European Discovery, Fidelity Asian Values, Fidelity China Special Situations and The Diverse Income Trust, from its leading funds platform. Their Investment Managers include J.P. Morgan Asset Management, AXA IM, Fidelity International and Premier Miton Investors. 

These articles highlight the attractive investment opportunities in Real Estate Credit, UK, European, China and Asia equities.

Fidelity Special Values plc (LON:FSV) is an investment trust focused on achieving long-term capital growth by investing in undervalued stocks primarily within the UK equity market. It is listed on the London Stock Exchange and managed by Fidelity International, leveraging active management to identify opportunities in undervalued sectors and companies.

Real Estate Credit Investments Limited (LON:RECI) is a closed-end investment company that specialises in European real estate credit markets. Their primary objective is to provide attractive and stable returns to their shareholders, mainly in the form of quarterly dividends, by exposing them to a diversified portfolio of real estate credit investments.

 

JPMorgan European Discovery Trust plc (LON:JEDT) aims to provide capital growth from a diversified portfolio of smaller European companies (excluding the United Kingdom).

Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.

The Diverse Income Trust plc (LON:DIVI) invests primarily in quoted or traded UK companies with a wide range of market capitalisations, but a long-term bias toward small and medium sized companies. It aims to provide shareholders with an attractive and growing level of dividends coupled with capital growth over the long term.

Fidelity China Special Situations PLC (LON:FCSS), the UK’s largest China Investment Trust, capitalises on Fidelity’s extensive, locally-based analyst team to find attractive opportunities in a market too big to ignore.

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UK investment Trust continues impressive gains and beats 12-month index (LON:FSV)

UK equities advanced in July, supported by trade agreements and earnings upgrades in energy and materials. The Trust’s contrarian approach benefitted from attractive UK valuations, with NAV up 14.1% and the share price up 17.1% over 12 months, compared with a 12.1% gain for the index.

Fidelity Asian Values reports 17% share price rise over 12 months 

The Trust’s NAV rose 12.4% over the 12 months to 31 July 2025, ahead of the index at 7.1%, with the share price up 17.0%. Stock selection was the key driver of relative performance, with holdings in China and Hong Kong adding value, while overweight exposure to Indonesia detracted.

Diverse Income Trust reports £257.9m net assets with 4.18% yield

Diverse Income Trust reported net assets of £257.9 million as of 31 July 2025, with a NAV of 109.08p per share and a share price of 104.00p, reflecting a 4.66% discount. The trust, managed by Gervais Williams and Martin Turner, delivered a 19.42% one-year share price total return and maintains a historic yield of 4.18%.

Fidelity favours investing in Chinese small and mid-cap companies (LON:FAS)

Fidelity Asian Values Investment Director Himalee Bahl highlights the Trust’s disciplined value-focused approach amid market uncertainty. By targeting undervalued small and mid-cap companies across China, Indonesia, and South Korea, the Trust avoids momentum-driven areas such as AI-related stocks in Taiwan and expensive Indian small caps.

Why Investing in UK equities remains compelling (LON:FSV)

Fidelity Special Values portfolio manager Alex Wright remains positive on UK equities as the market hits record highs. Despite strong recent returns, UK stocks continue to trade at a discount to global peers, with compelling opportunities in small and mid-cap companies.

Real Estate Credit Investments delivers £34.5m loan repayments and stable NAV

Real Estate Credit Investments posted a NAV of 143.7p per share as at 31 July 2025, with a diversified portfolio of 22 investments valued at £301.2m. During the month, two senior loans repaid in full, realising gross proceeds of £34.5m at unlevered IRRs of 8.1% and 9.3%

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