Investment Watch: Matt Morris's verdicts on recent developments

Best in Show New research from Cass Business School has carried out the first direct comparison between the performance of investment trusts and those of unit trusts - making the first ‘apples to apples' analysis of their alpha-generating record. Using a large sample of UK-domiciled unit trusts and investment trusts, the Cass researchers found evidence to suggest the alpha generated by investment trust managers was, on average, higher than the alpha generated by managers of equivalent unit trusts. Verdict: Promising Lead Tangled The government will not rush into a single ‘saving i...