It has been a tricky time for the world of investment trusts in recent weeks.
We all know that most things in the world of asset management are cyclical, and sentiment towards the sector can be added to that list. In recent weeks the headline-grabbing news has been focused on governance at the largest trust in the sector, Scottish Mortgage, while more broadly the proposed combination of the wealth management division of Investec with Rathbones has highlighted the potential risk that ongoing consolidation poses to a sector where liquidity is becoming more of a focus. In changing of the seasons we (investment) trust Just two or three years ago, the sector was ...
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