Why Ben Goldsmith is downplaying his fund’s three-year milestone
Ben Goldsmith would prefer investors wait until next year to assess performance on his thematic investment trust, Menhaden Capital, despite it reaching its three-year milestone in several weeks’ time.
John Laing Infrastructure takeover reduces investor choice
A takeover bid for the John Laing Infrastructure investment trust is set to reduce choice for investors in the closed-ended subsector.
Government’s NHS boost could hit investment trusts
Investment trusts could be hit if the government reverses UK corporate tax cuts scheduled for 2020 to fund extra spending on the National Health Service (NHS).
Fidelity Japan touted as cheap alternative to Baillie Gifford
Fidelity Japan Trust has been pushed as a cheap alternative to a Baillie Gifford investment trust as industry veteran Sarah Whitley prepares to retire.
High and rising: the five best-performing investment trusts in Q2
Funds investing in Asia, Greek real estate and the medical use of cannabis in the US all feature in a fairly oddball list of the top-performing investment trusts in the second quarter of 2018. Sitting alongside these are an emerging markets trust that started being wound up four years ago and a realisation vehicle pegged to be liquidated in September this year.
Schroders trust transitions without clarity for Isa investors
The Schroders UK Growth Trust will transfer to Baillie Gifford management on Friday evening, despite its saving scheme investors being none the wiser about their options for remaining invested in the investment trust.