In a history that’s worth celebrating, CT UK Capital and Income Investment Trust is over 30 years old. For most of that time, the trust has been managed by the same man: Julian Cane, the Portfolio Manager since 1997, who has invested with conviction for the best part of three decades.

Historically, January has been seen as a barometer and positive leading indicator of future performance of the stock market, best encapsulated in the phrase ‘As goes January, so goes the year.’ The strength of the UK market, with the FTSE All-Share Index increasing by 5.5%, could therefore be taken as a good augury.

Anyone looking for traditional festive cheer at the end of 2024 would have been well advised not to look too closely at the economic figures released during December.