The Association of Investment Companies (AIC) is putting together a list of shares and securities independent advisers can continue to recommend after restrictions on their use of higher-risk unregulated investments come into force next year.
Wealth management giants including Rathbones, Towry and Quilter are said to be looking at a £50m acquisition of Jupiter's private client business, and a sale now could enable the group to pay a special dividend to shareholders, analysts have said.
Neil Woodford's £1.4bn Edinburgh IT is again trading on a premium to NAV as appetite for the trust returns despite his forthcoming exit from Invesco Perpetual.
After Shinzo Abe took power late last year, Japan has been 2013's undisputed success story.
As Britain has laboured to escape recession, we have heard a common complaint from critics of industrial and economic policy: "Where are Britain's ‘Mittelstand' companies?"
Investment trust buyers are selling their infrastructure holdings, rotating into open-ended vehicles or exiting the sector entirely as premiums hit record levels.
Witan Investment Trust has appointed two new managers for its global equity portfolios.