Treasury clarifies rules on VCT share issuance
The Government has amended the Finance Bill legislation to remove the uncertainty which had caused some venture capital trusts to delay allotting shares in the 2014-15 tax year.
AIC
-
-
AIC offers service on pooled investment rules
Advisers can take advantage of a service provided by the AIC on new pooled investment rules.
-
Investment trusts discounts at 40 year low
The average investment trust discount at the end of last year was at its lowest level – 3.4% – since records began in December 1970, according to the Association of Investment Companies (AIC).
-
Japan leads IT performance in 2013
Japanese trusts have dominated performance in the closed-end space throughout the year with discounts narrowing leading to a rerating of the sector.
-
Income hungry investors pile in
Investment companies have raised £2.7bn in the first half of the year, of which just under half has been through new issues on the London Stock Exchange.
-
Investment companies ditch UK
Investment company exposure to the UK has fallen 9% over the past ten years, while investment in G8 economies has fallen by eight percentage points over the same period, according to data provided by the AIC.
-
Platform paper puts consumers in the driving seat
Ian Sayers, director general of the AIC, has welcomed the FCA's long-awaited rules outlining how platforms can be paid going forward.
-
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.
-
AIFMD continues to plague hedge fund managers
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).
-
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.
-
Small cap sector welcomes government support
The abolition of stamp duty on AIM shares announced in this week’s budget has been welcomed by small cap fund managers, but more for its symbolism than for the financial impact it will have.
-
investor confident at long time high
UK investor confidence has reached an eight-year high as low interest rates stoke appetite for stock market exposure, the latest research from Morningstar reveals.