Investment Trusts

Fidelity is cutting the annual management charge on its £182m Asian Values investment trust, as it moves to a tiered pricing structure.

Alliance Trust has promised to announce "changes" to business in the autumn, as it reported deteriorating performance for the first half of 2015.

Equity income strategies are set to remain in favour but dividend growth rather than headline yield is becoming increasingly important, according to Henderson High Income's David Smith.

Jupiter is handing its £60m investment trust savings and ISA businesses to Hargreaves Lansdown to administer, in a deal for an undisclosed sum.

Investment trust discounts have hit a fresh historic low, according to new figures from the Association of Investment Companies (AIC).

Mark Mobius has stepped back from his role as lead manager of the Templeton Emerging Markets investment trust after 26 years, to be replaced by Carlos Hardenberg.

Smith and Williamson's James Burns has said that value is beginning to re-emerge in the investment trust sector, after discounts significantly narrowed at the end of last year.

The managers of the Ruffer investment company have warned that markets and banks are unprepared for a future crisis, while investors are facing higher risks than ever before as liquidity dries up.

The manager of a table-topping biotechnology trust has said careful use of the closed-ended structure has enabled him to outperform, including holding half of his assets in just five stocks.

Martin Currie Pacific trust's shareholders have agreed to rename the company Martin Currie Asia Unconstrained trust, as it moves away from commitments to invest in Japan and Australia.