A number of smaller investment trusts have been forced to cancel expansion plans as larger vehicles continue to dominate the market.
UBS has upgraded Aberdeen Asset Management from neutral to buy after the group confirmed it is in talks to buy Scottish Widows Investment Partnership (SWIP).
Jupiter chief executive Edward Bonham Carter has said wealth managers and advisers should pay more attention to a fund's ‘active share' as they seek to add value for clients.
The board of the Fidelity China Special Situations trust has moved to keep its discount under control after the announcement of manager Anthony Bolton's retirement.
UK stockpicker tips another strong year for equities, fuelled by investors' changing asset allocation strategies.
The board of the top performing Atlantis Japan Growth trust - run by Ed Merner - has moved to fend off arbitrageur activity by implementing a discount control mechanism (DCM), capped at 10%.