RDR may provide boost to investment trusts but the sector still faces headwinds, warns Numis Securities.
J.P. Morgan's Jim Campbell, manager of the European Smaller Companies investment trust, has predicted shares across Europe will rise by at least 10% or more by the end of the year.
Group gives Gait and Paul freedom to invest up to 20% in stocks listed outside region.
The board of the £78m J.P. Morgan Japanese Smaller Companies trust has fired a warning shot at manager JF Asset Management to turn around the company's lacklustre performance.
Board of UK Growth investment trust scraps performance fee following period of outperformance.
Stephen Peters, investment trust analyst at Charles Stanley, says unjustifiably arrogant trusts are not helping the wider sector ‘survive and thrive' in the face of increasing competition.
Core Capital is merging six of its top investments into an open-ended structure to raise new capital from investors.
Dexion to change Equity Alternative but Winterthur analyst warns it is too little too late.
TIME TO DITCH INVESTMENT TRUSTS?
The closed-ended structure is well suited to private equity investment says Hamish Mair, manager of the F&C Private Equity Trust.