James Budden of Baillie Gifford says the RDR may see closed-ended funds in guided architecture and on fund recommendation lists alongside open-ended funds.
It should have happened years ago. They have so much in common, being collective funds, on the whole aimed at retail investment. But somehow investment trusts and unit trusts have been seen as completely...
Slow progress in improving diversity
Share purchase deal with assets of £28m
Came into effect in January
Three examples of compensation rule issues
Buying in baskets