Foreign & Colonial Investment Trust

Continuing Square Mile’s series of informal interviews

FIVE THINGS

F&C Asset Management has reported £7.2bn of net outflows for 2011, during a tough year for the group as activist investor Edward Bramson seeks to turnaround the firm's fortunes.

F&C Investments' Mike Woodward explains how investment trusts have the edge over open-ended funds and ETFs in the low-cost battle.