Investment Trusts

An overhaul of Alliance Trust's top ten holdings has seen it swap Lloyds for Barclays and step up its gearing in Q1.

Investment trust broker Numis said it expects the discount on Schroder UK Growth to tighten, following this morning's announcement Julie Dean will take over managerial responsibilities for the trust.

The board of the £156m Henderson Global trust, managed by Brian O'Neill, is proposing to change its benchmark to reduce its hefty exposure to UK equities.

Lindsell Train co-founder Nick Train has named Cadbury as one of the greatest ever investments in his top-performing £668m CF Lindsell Train UK Equity fund.

Annabelle Williams asks two wealth managers which investment trusts have made it on to their buy lists.

Morningstar has named the ten most popular investment trusts investors paid close attention to during Q1.

The board of Sam Vecht's Eastern European trust is seeking shareholder approval to revamp its policy, giving the manager greater off-benchmark flexibility.

Investment trust broker Winterflood has cut Richard Buxton's £288m Schroder UK Growth trust from its buy list in favour of Fidelity's Alex Wright.

ITs

J.P. Morgan (JPM) Asset Management is adding to its 21 strong range of investment companies with the launch of a Global Convertibles Income trust.