Investment Trusts

Howard Cunningham, portfolio manager within the fixed income team at Newton Investment Management, says although credit spreads are now lower, investors should not dismiss corporate bonds.

Investec has agreed to sell its UK mortgage business Kensington to private equity firms Blackstone and TPG Special Situations Partners for £180m.

'The key question now is how to counterbalance equity exposure'

R&M UK Equity Income

The Invesco Perpetual Select trust, managed by Mark Barnett and Nick Mustoe, has cut upfront and performance fees in the latest sign of price pressure in the closed-ended space.

An industry's obsession with short-termism

INVESTMENT TRUSTS

INVESTMENT TRUSTS

John Kennedy has stepped down from managing the £821m Scottish investment trust after ten years at the helm.

Fidelity's Dale Nicholls is making greater use of third-party consultants to mitigate the risk of company fraud, which has been a problem for the China Special Situations trust in the past.