discount

ITs

Graham Dow (pictured), Standard Life's head of investment group relationships who has been spearheading negotiations with fund groups over 'super clean' share classes, looks at the possible outcomes of the discounted deal debate.

Surging global equity markets' have pushed down discounts across the investment trust industry so far this year, pushing a number on to premiums, the latest data shows.

The £300m Electric & General Investment trust, which opened in 1890, is winding-up after failing to shrink its persistent discount.