Investment Trusts

Baillie Gifford has appointed Praveen Kumar as manager of the Shin Nippon trust, replacing John MacDougall who moves to take up another role at the firm.

Moved into FTSE 250 earlier this year

Alternative assets have dominated investment trust fundraising in 2015. A significant portion of the record net £3.9bn raised since the start of the year to 14 September was allocated to higher-yielding vehicles in areas including specialist debt and...

Share price total return up 25%

Second cut this year

Trust to realise assets by year-end

List includes a number of overseas trusts

Trade at premium valuations once again

Hoping to add 10% to share capital

Laura Foll, deputy fund manager of the Lowland investment company, explains why she is taking another look at the supermarket giant.