Darius McDermott: Why clients keep asking about investment trusts

AUM up 57% in three and a half years

clock • 3 min read

In a world where income has become a precious commodity, says Darius McDermott, it was surely only a matter of time before interest turned to an investment option that can save revenue for a rainy day

A couple of years ago, my colleagues and I began to notice an increasing awareness of investment trusts among the average retail investor. But what began as the odd query here and there has snowballed. Post-RDR, sales of investment trusts have grown rapidly. Assets under management are up 57% in just three and a half years, according to the Association of Investment Companies. Indeed, today it feels like everybody wants to talk about trusts - and there are certainly some good reasons clients may want to consider one or two this ISA season. While your clients may be new to these parti...

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