1-in-3 investment trusts could disappear - survey

On average, the directors expect the current 360 funds to be culled to about 250 over the next 10 years JPMF says. Most also want greater retail investor involvement in the sector: three-quarters of those questioned say increasing the retail shareholder base improves liquidity. Entering share buy-backs or putting shares in treasury are seen as other options to boost liquidity, although support for either way is split down the middle, the survey suggests. Performance-related fees are seen as the way forward for management of investment trusts, and as a way to boost retail investment...