Nationals round-up: Warnings about ETFs, the latest on investment trusts and another supermarket could soon be offering a savings bond.
Investment trusts If some clients start calling to enquire about investment trusts, they will probably have read the Mail on Sunday over the weekend. The paper did a comprehensive round-up of the latest developments in this field, explaining how many trusts are choosing to have more than one manager and detailing how they go about managing their discounts. Murray International, managed by Bruce Stout, and Scottish Mortgage, managed by Baillie Gifford, are among the trusts touted for their strong performance in recent years. ETFs They have enjoyed a meteoric rise, but it now seems the...
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