Investment Trusts

Neil Gregson is cutting exposure to gold mining stocks in the City Natural Resources High Yield trust as he sees better value in base metal miners.

The manager of the £109m J.P. Morgan Mid Cap investment trust has significantly reduced the fund's gearing on concerns over the UK economic outlook.

Environmental investment specialist Foresight is hoping to raise £40m for the launch of its new Solar VCT.

The board of George Luckraft's Framlington Innovative Growth trust is seeking shareholder approval to change its investment strategy.

INVESTMENT TRUSTS

J.P. Morgan's global equities specialist Jeroen Huysinga has been rotating out of mid-cap stocks and into large caps on valuation grounds.

BlackRock's Will Landers says the upcoming election in Brazil is unlikely to lead to a dramatic change in economic policy.

The manager of the Bankers investment trust has reduced the portfolio's fixed income holdings in the view the outlook for equity returns is superior.

The board of the £42m Jupiter Green investment trust has made changes to the vehicle's investment policy following a strategic review.

Allianz RCM's CIO of UK equities Mark Lovett has left to join another undisclosed firm.