Investment Trusts

The board of Evy Hambro's £905m BlackRock World Mining trust is seeking shareholder approval to widen the investment trust's mandate.

INVESTMENT TRUSTS

Anthony Bolton is backing one of his unlisted stocks to make significant returns for shareholders in his Fidelity China Special Situations trust later this year when it lists on Hong Kong's main market.

Katherine Garrett-Cox, chief executive of Alliance Trust, has said fund management groups should focus on areas of strength as opposed to running extensive fund ranges which struggle to gain traction.

The £3.2bn Alliance Trust has reported its results for the first half of the year, pointing to the success of its five-year overhaul plan as it wins its first segregated mandate during H1.

ITs

INVESTMENT TRUSTS

Investment bank Canaccord Genuity has named its ten top investment trusts to thrive in bull market conditions.

Outgoing manager Anthony Bolton talks to his successor Dale Nicholls about the future strategy of the Fidelity China Special Situations investment trust.

Fund supermarket Hargreaves Lansdown is continuing to shun investment trusts despite bolstering its research into the sector over the past year.