Picking the perfect investment trust

Historically, many advisers did not recommend investment trusts to clients as they did not pay them commission of some ‘kind’ for doing so. This is relevant as it has meant that the provision of information and data for the sector has historically been far less than seen for open- ended funds. Fund management groups had little incentive to pay for advertising, data websites and marketing trips for their closed ended funds as they simply didn’t make as much money as they did by spending money on their open-ended fund business. In recent years, this has changed. Alongside the share ...