2012 was a particularly tough year for some sectors, notably commodities and gold, as fears over global growth weighed on demand for materials.
Charles Deptford, manager of the Smith & Williamson UK Equity Growth and UK Equity Income trusts, has left the firm.
Mark Pignatelli, manager of the Smith & Williamson European Growth trust, has predicted European bank shares will rise 70% over the next two and a half years as the European economic cycle reaches its trough.
In the latest Big Debate, our panelists from Legg Mason Global Asset Management, Smith & Williamson and S&P Capital IQ discussed US Equity Income.
Smith & Williamson Investment Management is launching a range of risk-rated funds via SimplyBiz's investment service Verbatim.