Choice at a premium for investment trusts
Markets may be on the rise, but a look at the investment trust universe proves investors' thirst for income and quality equity growth stories remains very much intact.
Markets may be on the rise, but a look at the investment trust universe proves investors' thirst for income and quality equity growth stories remains very much intact.
Polar Capital is considering launching a third investment trust which will focus on global financials and target commitments of around £100m.
Hedge fund managers are remaining tight-lipped following HM Treasury’s decision to allow new funds to continue to market as normal for the year following the implementation of the Alternative Investment Fund Manager’s Directive (AIFMD).
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.