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
The AIC
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AIC tables proposal for partnership with National Wealth Fund
The AIC has also called for the removal of stamp duty on British shares and the expansion of the VCT scheme
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The AIC expands pool of research available to investors
Research from Edison Group, Hardman & Co, Kepler and QuotedData will be accessible on the AIC website
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Stifel: Scale of likely BlackRock World Mining dividend cut could ‘unsettle’ income investors
Yield would still be an estimated 6% despite a potential 43% cut to its final dividend, compared to 2022
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The AIC: City of London most viewed trust as investors eye income
Seven of the 20 most-viewed trusts on the AIC website in 2023 were UK Equity Income-focused
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The AIC backs investment trust capital requirements changes
While FCA CEO Nikhil Rathi reveals cost disclosure reforms will be announced before the end of the year
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Troy Income & Growth Trust suspends buybacks ahead of possible merger
Board exploring options for combination with another investment trust
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Calls for judicial review into FCA as investment trust sector faces extinction
Cost disclosure regulation has been called “illegal and irrational” amid an “emergency situation” for investment companies