2018 marks 150 years of investment trusts
Figures from the AIC show that 45% of investment trusts have now had the same manager for at least a decade, with a select few having been in charge for a quarter century.
The £959m City of London investment trust, headed up by Job Curtis (pictured), has dropped its performance fee in a move to become more attractive to retail investors.
Morningstar has named the ten most popular investment trusts investors paid close attention to during Q1.
Sally Macdonald has joined Marlborough Fund Managers in the newly created position of head of Asian equities, as the firm looks to expand its presence in the space.
Henderson's Job Curtis, manager of the City of London Investment Trust, has taken profits from tobacco giant British American Tobacco (BAT) after a stellar decade for the group.
One could be forgiven for feeling slightly more optimistic about the future of the investment trust sector after a number of key corporate battles in recent months.
Three advisers argue the case for investment trusts and reveal some of their favourites.
Lawrence Gosling talks to James de Sausmarez, director and head of investment trusts at Henderson Global Investors, about the advantages and disadvantages of using investment trusts in a client's portfolio