Nick Train has warned investors in his Finsbury Growth & Income trust not to expect a repeat of 2013 returns this year, saying his "jaw-dropping" outperformance may be about to end.
Investment trust analysts have called for the merger of two of Mark Barnett's trusts after it was announced the manager would take on the running of the £1.1bn Edinburgh portfolio.
Fewer than one in eight managers running both open- and closed-ended funds have outperformed in their open-ended portfolios, Investment Week analysis shows.
Fundsmith founder and City financier Terry Smith is planning to launch an investment trust focusing on emerging markets.
A turning point in the performance of Eastern European equities may finally be on the cards this year, according to Sam Vecht, co-manager of the BlackRock Emerging Europe trust.
The Association of Investment Companies has elected J.P. Morgan Asset Management's head of trusts Simon Crinage to its board.
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.