Disclosure rules panned as Woodford hides transaction for weeks
WPCT board in the dark as Woodford sold 60% of trust holding amid fund suspension woes
Investment Trusts
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Nick Train trust shakes up fees as it nears £2bn
Finsbury Growth & Income already has a tiered fee structure
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Terry Smith fails to buoy trust enough to avoid buybacks
Fund manager has purchased £3m in Feet since his exit triggered a widening discount
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AIC upsets trust switched from global to UK sector
Closed-ended fund with 83% in UK equities wants to remain in global sector
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Gresham trust edges closer to DFM radars with placing
Energy Storage fund inches closer to the £200m it targeted at launch
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Terry Smith scoops £1m in trust shares as discount widens
8.3% discount is still narrower than rival trusts from Genesis and Aberdeen
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Embark cements asset manager links in £40m funding round
Blackrock and Legg Mason partnerships turn into strategic investments
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WPCT chair exits board of company held by Woodford
Susan Searle cites time commitments elsewhere as she leaves Mercia
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Jupiter trust looks into sticking by Darwall as he announces surprise exit
European equities star to set up his own boutique
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IA’s long-term asset funds fail to impress closed-ended devotees
75% of fund selectors prefer closed-ended funds for illiquid assets
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Lindsell Train shines spotlight on its ‘obvious’ succession risk
Michael Lindsell ponders his own mortality as trust hits 90% premium
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Merian Chrysalis manager takes short period of leave
UK smaller companies expert due to return at the end of September