Read all about it! Why investment trusts are very much today's news

Investment trusts are in the news. Recently the City pages of our national newspapers have been full of the possible engagement of two of the biggest trusts in the sector - namely Alliance and Rothschild Investment Trust. This is noteworthy for two particular reasons, the first of which is that marriages in the sector are few and far between. The second is that it is rare for investment trusts to garner more than a passing mention in the mainstream press. Indeed, what little is said of the sector normally starts with a description such as ‘old-fashioned', ‘venerable' or ‘slow-moving'. In...