trusts lift us exposure as election looms
Investment trusts have increased their exposure to the US over the year to date, expecting to see continued improvement on both company and macroeconomic levels.
Investment trusts have increased their exposure to the US over the year to date, expecting to see continued improvement on both company and macroeconomic levels.
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.
One of the main facets of RDR is – or rather was – the uptake in the sale of products that don’t focus on paying a commission but if investment trusts and ETFs, for example, do see a surge in sales it will be because of better adviser education not a single product feature.
The latest research from the AIC shows the best performing sectors and companies were specialists in what was a year characterised by market volatility.
Returns from property investment trusts have beaten those of investment companies as a whole over the past three years, attracting investors back to the sector, according to the Association of Investment Companies.
Investor confidence still has some way to fall before it hits the 2008 lows, with many planning to increase their stock market exposure over the next few months, according to the AIC.
Small caps have a great 12 months compared to their larger equity peers but it is still too early to tell whether it as an indicator of the start of something more substantial.
Dennis Hall identifies the winners and losers from the FSA’s latest platforms paper.
Portfolio widens remit, introduces covered call writing and new permanent manager named.
European regulator consults on the alternative investment directive that could up fund charges.