Why it will be a slow burn for specialist trusts post-RDR

ITs

Niche investment trusts offer better value to investors, but constraints such as complexity and a lack of availability mean pick-up will be slow, writes Tim Cockerill, head of collectives research at Rowan Dartington.

Those who work with investment trusts and invest in them see the RDR as the turning point at which the products could become mainstream and are adopted and used by many more investors. There is good reason for this optimism, because to be considered independent in the new world investment advisers must have researched investment trusts and exchange traded funds when looking at which investments are suitable for clients. I do not think anyone should hold their breath expecting the discounts on investment trusts to close overnight. Even with sectors such as UK Small Companies,which is o...