More than two thirds of investment companies (excluding VCTs) now have discount control mechanisms (DCMs) in place, compared to about 40% five years ago, but some industry commentators believe further action should be taken as no trust should be "sitting...
Aberdeen also investing £10m in trust
Merged with BlackRock trust after strategic review
Will come into effect in July 2016
Investment trust sector sees an increase in number of boards implementing discount control mechanisms.
Investment trust analysts have labelled the Henderson TR European Growth trust a ‘sell' following a move by manager Ollie Beckett to take it down the market-cap spectrum.
Ever wondered how an investment trust discount works? Or what a split cap trust is? Kyle Caldwell runs through a glossary of all the key terms you need to know.