Some of the largest investment trusts in the UK could be set for a performance boost when loans with double-digit interest payments expire later this year.
Jeremy Tigue's £2.6bn Foreign & Colonial investment trust has moved to satisfy income hungry shareholders after announcing a 19.7% dividend hike for 2012.
The Foreign & Colonial investment trust is to move to quarterly dividend payments and raise its total dividend for 2012 by 20%, as part of an overhaul of its distribution policy.
British investors worried over the outlook for UK plc have cut back their holdings in shares listed on the London Stock Exchange to a 50-year low.
UK-domiciled investment trusts have been granted greater flexibility in paying out dividends, with vehicles now able to distribute capital profits as income for the first time.
Ever wondered how an investment trust discount works? Or what a split cap trust is? Kyle Caldwell runs through a glossary of all the key terms you need to know.