Could investment trusts be about to enter a new paradigm?

But, seven months into this new, commission-free world, an obstacle is still hindering some fund selectors from buying into the sector. As highlighted by IFAonline's sister title Investment Week in May, fund buyers have bemoaned the lack of value in the closed-ended sector, which has forced some investment trust fund of fund buyers to seek open-ended alternatives. Discounts have hit lows last seen before the financial crisis, narrowing from 21% to 5%. A recent report from investment bank Canaccord Genuity has now questioned whether investment trusts are entering a new paradigm for dis...