AIC: Investment company fundraising falls 76%
While the average trust returned 0.3% in the first six months of the year
While the average trust returned 0.3% in the first six months of the year
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With Athelney the latest trust to join the AIC’s dividend hero roster
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Despite Hargreaves Lansdown analysis being ‘a bit damning’ for active funds
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City of London the most popular trust on AIC’s website as income piques investor interest
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Closed-end fund specialist now owns a 7.9% stake in Schroder UK Public Private
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Some of the oldest trusts in the UK equity space have a history of 70 years or more, but how have they performed? Portfolio Adviser looks closely at the list.
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City of London Investment Group reported funds under management plunged by $1bn in the year to 30 November 2012, which it blamed on nervous investors with “little or no interest” in taking up any new strategies or products.
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