Russia

You may not have enjoyed 2016 but it was actually a decent year for investors. Perhaps surprisingly, Russia, Brazil and high yield top the performance rankings, which goes to show the wisdom of avoiding crowded trades.

Brazil and Russia top performers for 2016

Which trusts were analyst favourites for the year?

First deal since 2001

Price of Brent Crude climbed 2.2% to $48 a barrel

Emerging market investment trusts are still trading on discounts as wide as 19%, despite the broader rally for the region continuing to gain momentum.

Price of Brent crude rose to $53.58 a barrel

Could 'freeze' production levels

Commentators see 'natural rebalancing'

Which decisions rocked investors?