Investment Trusts

Over a third (35%) of investment company directors say advisers are fundamental to developing a larger retail shareholder base for investment trusts, suggests a survey by JPMorgan.

Daniel Godfrey has stepped down from his role as director general of the AIC, after 11 years in the job, to "seek a new challenge".

The Edinburgh investment trust has appointed Invesco Perpetual's head of investments Neil Woodford as its new manager.

Investment trusts are currently offering cheap investment opportunities, according to JPMorgan Asset Management (JPMAM).

Hornbuckle Mitchell has been appointed to provide additional SIPP services to Openwork Limited.

Increased use of performance fees has not in itself resulted in better results from managers of investment trusts, according to research from Grant Thornton.

Baillie Gifford has appointed Mike Gush as co-manager of its Pacific Horizon investment trust alongside Gerald Smith, who will step down next year and become a director at the company.

MARTIN Currie Portfolio Investment Trust has reported strong results for the year ended January 31, despite testing market conditions.

Investment trusts hold many advantages for the investor planning for retirement. Sherry-Ann Sweeting goes through what they have to offer

CLOSE Investments has scrapped its Agricultural Commodities Trust just days before it was due to go live.