Investment Trusts

TECHNOLOGY

Evan Bruce-Gardyne, director of investor relations at Alliance Trust says, in time, the Retail Distribution Review will help encourage investors to look at the wider picture before committing capital to a fund.

LEADER

JPM Private Equity has reduced its gearing to 38%, having run it as high as 60% at the start of the year, cutting it back from "nosebleed" levels.

INVESTMENT TRUSTS

Investors should avoid income-paying trusts after the sector moved to trade on a premium for the first time since the financial crisis, analysts have warned, amid growing expectations interest rates could rise this year.

Manager of the JPM American investment trust says a market pull-back is overdue

Jeremy Thomas, manager of the Brunner investment trust, says history tells us the EM crisis is far from over, but managers should not stop searching for low entry points.

Two more investment trusts have cut their fees in a move analysts are pinning on increasing pressure from open-ended funds.

The management of Diverse Income Trust is considering increasing the company's capital base in order to cut costs.