Investment Trusts

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.

Investment trusts can give clients good value for money without impacting on potential investment returns.

Investment trusts have historically played only a relatively minor role in retirement planning. David Barron looks at the reasons why this situation is now changing

The Government has announced a consultation into the tax regime for investment trusts which will include rules on direct property investment.

The investment trust sector could suffer if Anthony Bolton fails to make a success of his new Fidelity China Special Situations vehicle, securities broker Winterflood has warned.

Fidelity has registered a China Special Situations company at Companies House in the clearest indication yet Anthony Bolton's new fund will be an investment trust.

Funds of investment trusts dominated the multi-manager performance tables last year, benefiting from the deep discounts which opened up for underlying companies during the market downturn.

The AIC has appointed Ian Sayers as director general after he held the role of acting head of the organisation since the departure of Daniel Godfrey at the end of July.