Investment trust professionals have welcomed the Association of Investment Companies' (AIC) decision to introduce 13 new sectors and rename 15 others, in its attempt to more "accurately reflect the shape of the industry today".
The changes, announced last week, follow a year-long, industry-wide consultation, and will come into fruition on 28 May. They include splitting the two Asia Pacific sectors into three: Asia Pacific,...
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Main barriers revealed
'Alarming' performance differential
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Standard Life Aberdeen's financial advice business 1825 has made changes to its leadership team that will see joint-leaders take charge of its financial planning and advice teams.
Entered administration in February
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40% increase year-on-year