Woodford Investment Management (WIM) has increased the initial fundraising limit for its Patient Capital trust from £500m to £800m in response to investor demand.
Elliott Advisors has increased its voting stake in Alliance Trust in the run up to the trust's annual general meeting later this month.
Alliance Trust has cut the ongoing charges figure (OCF) across portfolios by 20% as part of its focus on cost-cutting.
Fidelity FundsNetwork is to make Neil Woodford's Patient Capital trust the first externally-managed investment trust available on the platform, in what it says is a "clear intention" of more to come.
Woodford Investment Management (WIM) is seeking to raise an initial £200m for the launch of the Woodford Patient Capital investment trust, a portfolio of 50-100 quoted and unquoted businesses.
From fee reductions and discount management, to more board scrutiny. Jeremy Beckwith analyses the changing story behind investment trusts in 2014...
How investment trusts can settle clients' income concerns
Ascentric's managing director, Hugo Thorman, has argued advisers' use of model portfolios is hindering the popularity of investment trusts.
The winners of Professional Adviser sister title Investment Week's Investment Company of the Year Awards 2014 were crowned at a ceremony in London last night.
Investment trusts: 'Who are the dinosaurs now?'