Investment Trusts

INVESTMENT TRUSTS

Witan, the £1.56bn multi-manager investment trust, has added its first dedicated emerging markets portfolio.

F&C's Peter Hewitt looks at what has driven investment trusts' general trend of long-term outperformance.

Fidelity's China Investment Trust, managed by Anthony Bolton, was named Best New Launch at the 12th annual Investment Week Investment Trust of the Year Awards, held last night.

Will RDR change the game for investment trusts?

F&C will retain the £617m Commercial Property trust (FCPT) mandate following a failed takeover bid by Ignis-managed UK Commercial Property trust.

Minority shareholders in F&C Commercial Property trust (FCPT) have rejected a proposed takeover by Ignis-managed UK Commercial Property trust (UKCPT) to create a £1.6bn vehicle.

The Witan investment trust has handed a £120m pan-European mandate to Marathon Asset Management.

James Budden of Baillie Gifford says the RDR may see closed-ended funds in guided architecture and on fund recommendation lists alongside open-ended funds.

RDR will force IFAs to recommend investment trusts as part of their advice to clients, according to the FSA.