Taking a slice of the market

Investment trusts used to dominate the retail investment landscape, but have seen Oeics and unit trusts capture their traditional markets. They now make up only 18pc of retail collective investment. However, their structure means that they are good for managing illiquid assets and they have therefore benefited from investors' search for uncorrelated asset classes to help them weather difficult times in equity, bond and property markets. Wrap platforms make it easier for advisers to use investment trusts for their clients. Could they see a resurgence? Investment trusts have a fixed share ...