Top 20 investment trusts revealed
Aberdeen is the star of the investment trust world, managing six of the 20 best performing trusts over the past decade according to stats provided by the AIC.
Aberdeen is the star of the investment trust world, managing six of the 20 best performing trusts over the past decade according to stats provided by the AIC.
Investors will be the key benefactors of the recent fee reductions on investment funds, while the clearer charging structures are a welcome move post-RDR, according to Morningstar’s Jackie Beard.
Baillie Gifford has appointed a new sales manager for the South West and Channel Islands.
Baillie Gifford has decided to cut the investment management fees on four of the investment trusts it managers after securing agreement from the funds’ boards.
Witan Investment Trust has announced a 38th consecutive annual increase in its dividend following a number of recent mandate changes put in place by CEO Andrew Bell.
Alliance Trust increased its dividend by 7% in 2012, its 46th consecutive annual increase, following a year of portfolio restructuring and team consolidation.
Foreign and Colonial Investment Trust is adopting a more cautious approach to investment in 2013 due to continued economic uncertainty.
Around a quarter of Association of Investment Companies' (AIC) members now pay quarterly dividends, research conducted by the body reveals.
John Husselbee urges an end to the permanent debates over closed-ended versus open-ended, and active versus passive management, as the answer is "Yes" to all of the above.
JPMorgan Smaller Companies Investment Trust underperformed (-7.5%) versus its benchmark (-6.2%) in the year to 31 July, despite two of its largest positions being taken over.
Witan Investment Trust chief Andrew Bell has been elected as the next chairman of the AIC following the completion of two years in office from the current incumbent Sarah Bates.
Being a leveraged company is seen as a huge negative right now but investment trusts use gearing as a point of competitive advantage and those that do should not be dismissed out of hand.