Revealed: The most consistent investment trusts of the last decade

A familiar asset class has once again dominated the list of the most consistently top performing investment trusts of the last decade, a study has revealed.

Research conducted by the Association of Investment Companies (AIC) revealed seven of the 20 top performing and most consistent trusts of the last decade were from the UK Smaller Companies sector. Standard Life UK Smaller Companies, managed by Harry Nimmo for the last ten and a half years, is the most consistently strong performing investment trust of the last decade. A £100 investment into his fund ten years ago would today be worth £645, according to the AIC. The figures also suggest a relationship between fund manager longevity and performance. Twelve of the top 20 trusts have b...