Max King
Max has an Economics degree from the University of Cambridge and is a chartered accountant. He worked at Investec Asset Management for 12 years, managing multi-asset funds investing in internally and externally managed funds, including investment trusts. This included a fund of investment trusts which grew to £120m+. Max has managed ten investment trusts (winning many awards) and sat on the boards of three trusts – two directorships are still active.
After 39 years in financial services, including 30 as a professional fund manager, Max took semi-retirement in 2017. Max has been a MoneyWeek columnist since 2016 writing about investment funds and more generally on markets online, plus occasional opinion pieces. He also writes for the Investment Trust Handbook each year and has contributed to The Daily Telegraph and other publications. See here for details of current investments held by Max.
Latest articles by Max King
-
High energy prices are here to stay
Analysis The rising cost of producing energy means high oil and gas prices are here to stay argues Max King
By Max King Published
Analysis -
Where RIT Capital Partners went wrong
Advice Weak returns and rising private-equity exposure mean the wide discount to NAV for RIT Capital Partners is justified.
By Max King Published
Advice -
Why equities are going higher
Analysis Equities have started the year on a high, and despite growing concerns about the state of the global economy they could continue to move higher, argues Max King.
By Max King Published
Analysis -
7 cheap investment trusts to buy
Tips Max King takes a look at six cheap investment trusts to buy today after what has been a terrible year for the sector.
By Max King Published
Tips -
Cheap and cheerful or reassuringly expensive?
Sponsored Many investors aim to pick up “cheap” shares. But cheap does not always mean good value, says Max King. Quality comes at a price.
By Max King Published
SPONSORED -
Stock market crash? This time it’s (slightly) different
Opinion The bears expecting a stock market crash have got it wrong, says Max King.
By Max King Published
Opinion -
2 investment trusts with growing dividends: which one should you invest in?
Tips They might not have spectacular yields but these two trusts have increased their dividend every year for 55 years.
By Max King Published
Tips -
2 cheap investment trusts yielding up to 6%
Tips These 2 investment trusts are both trading at less than net asset value and have plans in place to grow their dividends substantially.
By Max King Published
Tips -
Crash? What crash?
Sponsored October is often said to be a month of stockmarket crashes. But that's not true for this year, says Max King. A host of positive triggers are lining up for equities, says Max King.
By Max King Published
SPONSORED -
What next for stocks as bonds crash?
Analysis Despite the slump in prices, UK government bonds remain too expensive. Stocks are much better value, says Max King.
By Max King Published
Analysis -
A property fund to buy now
Tips Listed real-estate companies and commercial property funds such as TR Property offer a buying opportunity, says Max King.
By Max King Published
Tips -
LDI: another financial fix has backfired
Analysis Liability-driven investment (LDI) has become the latest widely touted investment product to go horribly wrong, says Max King.
By Max King Published
Analysis -
Why everyone is over-reacting to the mini-Budget
Analysis Most analyses of the chancellor’s mini-Budget speech have failed to grasp its purpose and significance, says Max King
By Max King Published
Analysis -
Three ways to invest in Japanese value stocks
Tips Japanese stocks have fallen out of favour with investors, but they are looking ripe for recovery, says Max King.
By Max King Published
Tips -
There is light at the end of the tunnel for investors
Sponsored Investors are gloomy. But it’s not all bad, says Max King – the mood could be about to shift. You just need to hold your nerve for a little while longer.
By Max King Published
SPONSORED -
A forgotten lesson on the dangers of energy price caps
Analysis Liz Truss’s proposed energy price cap is an ambitious gamble. But a similar programme in Spain ended up being a fiasco, say Max King and Tom Murley. Here, they explain why Truss’s plan could be doomed to failure.
By Max King Published
Analysis -
What the return of the bond vigilantes means for investors
Analysis The US Federal Reserve is dancing to the tune of the bond vigilantes, says Max King. Here’s what that means for stockmarket investors, the economy, and you.
By Max King Published
Analysis -
Investors should consider this top-performing investment trust
Analysis The team at Miton Global Opportunities Trust is expert at sifting through discounted trusts. Max King tells us why.
By Max King Last updated
Analysis -
Ignore the doomsayers - energy prices could fall next year
Opinion Forecasts suggest the energy prices will continue to spiral, but these projections could turn out to be a lot of hot air.
By Max King Last updated
Opinion -
How to refresh your portfolio as the stockmarket recovery pauses
Analysis With markets so volatile, it might be tempting for investors to do nothing. But that would be a mistake, says Max King. Here’s how to reposition your portfolio.
By Max King Published
Analysis -
Don’t listen to the doom-mongers – the future is bright
Opinion With volatile markets, raging inflation and industrial unrest, it may feel like things are bad and likely to get worse. But the end of the world is not nigh, says Max King – things are looking up. Here’s why.
By Max King Published
Opinion -
Why the market is wrong about private equity
Analysis When it comes to listed private-equity trusts, investors are overly sceptical, with many funds trading at heavy discounts to their net asset values. But the market has it wrong, says Max King.
By Max King Published
Analysis -
Fear of missing out – what should investors do now?
Analysis Markets have rallied from their mid-June lows. But if you missed out, as most investors did, what should you do now? Max King explains.
By Max King Published
Analysis -
A low-risk way to beat inflation
Tips Demand for care-home places is strong and the sector should be able to raise prices ahead of costs, says Max King.
By Max King Published
Tips