Lowland Investment Company (LWI)

Business description

Lowland Investment Company PLC (LWI) invests across the UK equity market (with a small proportion in overseas stocks) to achieve above-average total returns.

Stock data

Market cap.£403.1m
Last close1,492.00p
High / Low (52 weeks)1565.0p / 1219.0p
Stock market listingLN
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

Lowland Investment Company plc - bias to small and medium-sized companies ...

Mon, 19 Dec 2016 16:18:45 GMT

LOWLAND INVESTMENT COMPANY: 'My buy early, sell early strategy can be ...

Sat, 09 Jan 2016 22:05:55 GMT

How Brexit would impact shares, bonds and sterling

Tue, 31 May 2016 16:07:30 GMT

James Henderson: my HOT story will narrow discount

Fri, 17 Feb 2017 13:20:43 GMT

Henderson holds nerve after brutal Lowland sell-off

Fri, 22 Jan 2016 16:06:41 GMT

Investment summary

Lowland Investment Company (LWI) is a UK equity income investment trust with a focus on growing capital and income. It has been managed since 1990 by James Henderson at Henderson Global Investors; during 2016 Laura Foll, who has assisted Henderson since 2013, was named joint manager. LWI invests in 100+ mainly UK companies across the market cap spectrum, generally with about one-third of its portfolio respectively in large, mid-cap and smaller stocks. It has recently increased its gearing with an issue of 30-year loan notes, locking in a long-term fixed borrowing cost of 3.15%. LWI’s managers note that they are finding many attractive opportunities to buy undervalued stocks with good long-term growth potential, at dividend yields that comfortably exceed the cost of borrowing. The discount is currently wider than longer-term averages.

Last updated on 03/05/2017

Key management

Peter Troughton , Chairman
Simon Longfellow, Head of Marketing Investment Trusts
Robert Sinclair Robertson , Non- Executive Director
Karl Sternberg, Non- Executive Director
Kevin Carter, Non- Executive Director
Duncan Budge, Non- Executive Director

Company address

201 Bishopsgate
London
EC2M 3AE
United Kingdom
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