SVM

Cherry Reynard outlines the key differences between investment trusts and open-ended funds and asks what is behind the recent resurgence in the sector?

Fund selectors often overlook small vehicles, but they carry a number of benefits according to managers. Joanna Faith finds out why bigger is not always better.

Analysts are underestimating the extent of the problems facing the banking sector, in a scenario reminiscent of the collapse of Lehmans, said Colin McLean, managing director of SVM.

The board of the SVM UK Active fund, formerly managed by Colin McLean, has confirmed the trust will be liquidated following activist investors Cyrun Finance taking over the trust.

SPOTLIGHT ON ETHICAL

ON UK GROWTH

SVM has closed its Balanced Managed fund due to a lack of investor demand.

ON UK GROWTH

Colin McLean has taken SVM UK Active to near its maximum allowed exposure to resources firms on expectations of drilling success and M&A.

MACROECONOMIC FOCUS