Investment Trusts

Venture Capital Trusts (VCTs) have been hoarding investor cash after an error from HM Revenue and Customs left the vehicles afraid of issuing new shares.

Jupiter has reported net inflows of almost £550m in Q1 as new investment trust business and continued retail flows bolstered AUM.

Her Majesty's Revenue & Customs (HMRC) has for the first time withdrawn the venture capital trust (VCT) status of a company, after Oxford Technology breached one of its investment rules.

Witan Investment Trust has said it will continue to invest in funds which charge performance fees as it revealed a strong set of results for 2013.

Alliance Trust has begun to implement plans to relocate parts of the business to England, amid growing uncertainty caused by the upcoming referendum on Scottish independence.

Jeremy Tigue is to step down from the £2.4bn Foreign & Colonial trust as he prepares to retire at the end of the year.

Hargreaves Lansdown has reversed its decision to increase charges for clients who hold investment trusts - a consequence of its new pricing model announced last month - and said it may be open to further changes as it announced a set of record-breaking...

Invesco Perpetual's Mark Barnett is to become manager of the £1bn Edinburgh investment trust as of today, taking over from Neil Woodford ahead of the latter's forthcoming move to Oakley Capital.

The managers of the £3bn Scottish Mortgage investment trust have added a number of idiosyncratic stocks to their portfolio in the belief that 'safer' companies could be set for a fall.

Brian O'Neill, one of the country's longest-serving fund managers, is to retire from his role running the Henderson Global investment trust next year.