FCA sets out further CCI consultation on fee simplification
Final CCI rules will be set out in late 2025
Richard Stone
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AIC launches petition to change company law on shareholder voting access
AIC seeking to make it mandatory for nominees to pass on company information and voting rights to underlying shareholders
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Trust Talk: The AIC’s Richard Stone on activism, engagement and the Saba saga
First episode of a new PA video series
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Saba voted down for seventh time in trust takeovers
Edinburgh Worldwide Investment Trust shareholders vote against Saba proposals
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AIC calls for company law amendments to widen voting access following Saba votes
Amendments to company law would require platforms to opt in investors automatically to receive company information and voting rights
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AIC raises concerns over Saba with FCA
AIC calls on platforms to reach out to investors to encourage voting for trusts
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Average investment trust discount widens despite record share buybacks
A record 10 mergers occurred in 2024 while five trusts were liquidated
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AIC: Cost disclosure breakthrough does not apply to VCTs
The AIC was ‘disappointed’ to learn draft legislation exempting trusts from cost disclosure requirements does not include VCTs
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FCA temporarily exempts investment trusts from PRIIPs regulation in light of cost disclosure issues
Industry praises FCA’s move to amend cost disclosure issues for investment trusts
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‘A tentative start’: Bank of England cuts interest rates to 5%
MPC voted 5-4 in favour of a 25bps cut
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Investment trust industry calls on Labour to resolve cost disclosure issue
AIC chief executive Richard Stone says resolving the issue of double-counting could be an early win for the new government
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Investment trusts set year-record for mergers by June
Previous record set in 2021 with five mergers