Investment Trusts

  • D2C marketing drives down trust discounts

    D2C marketing drives down trust discounts

    Closed-ended fund share registers increasingly dominated by retail investors

  • Mobius plans threaten to lure Temit assets

    Mobius plans threaten to lure Temit assets

    Mark Mobius has already poached ex-colleagues from Franklin Templeton Investors, now a closed-ended launch could swipe flows from his former employer

  • Terry Smith investment trust falls 5.3%

    Terry Smith investment trust falls 5.3%

    The Fundsmith Emerging Equities Trust (Feet) has fallen 5.3% in H1, but defensive stock picks mean the net asset value did not fall as much as the benchmark.

  • Franklin Templeton denies ex-Mobius fund faces further turnover

    Franklin Templeton denies ex-Mobius fund faces further turnover

    Franklin Templeton Investments has denied its emerging markets investment trust faces further turnover on top of the exit of star fund manager Mark Mobius and his protégé Carlos Hardenberg earlier this year.

  • Franklin Templeton rebuilds Temit with Martin Currie hire

    Franklin Templeton rebuilds Temit with Martin Currie hire

    Franklin Templeton Investments has hired Martin Currie’s Andrew Ness as a portfolio manager on the Templeton Emerging Markets Investment Trust (Temit).

  • Why Ben Goldsmith is downplaying his fund’s three-year milestone

    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

    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 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.

  • Nick Train: Value was a 20th-century phenomenon

    Nick Train: Value was a 20th-century phenomenon

    Nick Train has played down stretched price-to-earnings ratios on companies like Hargreaves Lansdown as he warns digital disruption could mean value investing is consigned to the last century.

  • High and rising: the five best-performing investment trusts in Q2

    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…

  • DFMs hindering trust take-up on platforms

    DFMs hindering trust take-up on platforms

    Discretionary fund managers’ lack of willingness to use investment companies in model portfolios is hindering their adoption on advised platforms, according to the Lang Cat.