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
With Athelney the latest trust to join the AIC’s dividend hero roster
Despite Hargreaves Lansdown analysis being ‘a bit damning’ for active funds
City of London the most popular trust on AIC’s website as income piques investor interest
Closed-end fund specialist now owns a 7.9% stake in Schroder UK Public Private
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.
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.