Research from the Association of Investment Companies (AIC) shows investor confidence in the stock market has halved in the past two years as they face twin dilemmas of political uncertainty and low interest rates.
Alliance Trust has struck a deal to buy out the 19.75% of its shares owned by activist investment firm Elliott Associates.
Property funds became the most popular investment trust sector for the first time this year, accounting for 15% of all purchases between July and September, the Association of Investment Companies said.
More than a quarter of fund managers will favour financials next year, with 26% of those surveyed by the Association of Investment Companies (AIC) saying they will opt to invest in the sector.
Investments in commodities and natural resources bounced back to make it the top performing investment trust sector in 2016, according to new figures from the Association of Investment Companies (AIC).
Baillie Gifford is planning to disclose portfolio turnover on all its retail fund factsheets from next month.
Many investment trusts in the UK Equity Income sector have reached their widest discounts in more than five years, according to brokerage and investment banking firm Stifel as a significant derating is taking place.
Bellevue Asset Management is hoping to raise £200m through an initial public offering (IPO) for shares in BB Healthcare Trust, an investment trust set to list on the London Stock Exchange this morning (27 October).
Real estate investment trusts may see total returns come off recent highs by the end of calendar year 2016, as energy infrastructure and dividend-paying stocks take the lead among equity assets that provide regular income, said Mark McAllister, senior portfolio manager at Clearbridge Investments, a Legg Mason affiliate.
FundCalibre is responding to growing demand for investment trusts as it plans to roll out closed-ended ratings next year.
The investment company sector has changed considerably over the past ten years, as back in October 2006 we were still enjoying the dying days of the credit boom.
Infrastructure and specialist property trusts still make for sensible investments in a low interest rate environment, despite often trading at lofty premiums, according to Gore Browne IM chief Simon James.
