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.

November was a positive month for investment returns in the UK equity market, with the FTSE All-Share Index rising by almost 2.5%. Part of this rally in share prices was almost certainly due to a reversal of the previous month, when the index fell by 1.6% during volatile conditions.

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.