The AITC has proposed disclosure rules for investment trusts, that would see them reveal their holdi...
The AITC has proposed disclosure rules for investment trusts, that would see them reveal their holdings in split-capital trusts with a two-month delay. The proposal is contained in the AITC's response to the FSA's Consultation Paper 164, which canvasses various changes to the regulation of investment trusts following the collapse of a number of split-capital trusts. The FSA suggested investment trusts disclose on a monthly basis all holdings of more than 0.5% and all holdings of any size in funds that allow investment in other funds. In its response, the AITC said this would be costly...
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