Investment Trusts

Managers stand firm as panic-selling continues

BlackRock veteran Richard Plackett, former head of the UK Small and Mid Cap equities team and co-manager of the £1.4bn Special Situations fund, is to retire from fund management after a quarter of a century, Professional Adviser sister title Investment...

Concerns are being raised over the disclosure policies of some specialist investment trusts as investors continue to pile into alternative assets.

HM Revenue & Customs (HMRC) has widened the range of investments available through ISAs to include peer-to-peer lending trusts.

F&C Investments' sales and distribution businesses are to rebrand as BMO Global Asset Management, as the fund house becomes more closely integrated with its parent firm.

Invesco has named Westhouse Securities as the sole financial adviser and broker to its Income Growth Trust.

A surge in demand post-RDR makes for positive headlines, but it also masks a bigger problem

Aberdeen Asset Management and Legal & General Investment Management have added their support to Elliott Advisors in the war with Alliance Trust.

Neil Woodford's Patient Capital trust has raised £800m during its offer period, a record for a London-listed investment trust.

Another shareholder body has added its voice to the growing number recommending that Alliance Trust shareholders support the changes put forward by Elliott Advisors.