Largest trust IPO on record
Create platform with £35bn AUA
Smashed initial target
Mixed fortunes for UK Smaller Companies and UK All Companies
Twelve trusts launched so far this year
Joined Henderson in 1986
Fundraise target of £200m
Plans to complete in early November
Outcome of third stage of strategic review
Over 20 years experience in sector
Will report to Adam Gent
AIC reveals its 'dividend heroes'
Also unveils trust IPO raised £100m
Debt financing to the shipping industry
Could lead investors to make 'disastrous decisions'
Staggered management fee structure
18 months on from multi-manager structure launch
Could be the biggest trust launch since Woodford trust
Enthusiasm can sometimes get the better of all of us. Investors always find ways to justify prices for companies at any stage in the cycle, writes William Heathcoat-Amory, partner at Kepler Trust Intelligence.
Now the largest provider of investment trusts
Stalwart Scottish Mortgage takes third place
Board of BlackRock Emerging Europe trust offers shareholders rollover into group's Frontiers vehicle
Both co-managed by Sam Vecht