Investment Trusts

J.P. Morgan Asset Management has named Simon Crinage as the new head of its investment trust business, following the departure of David Barron earlier this year.

The board of the Schroder Oriental Income investment trust, managed by Asian specialist Matthew Dobbs, is considering issuing C-shares to meet investor demand.

The government has announced plans to crack down on VCT providers which offer enhanced share buybacks, arguing this is against the spirit of the rules.

Investment trust analysts at Liberum Capital argue investors should be digging deeper to find value in the investment trust space.

The annual management charge on Anthony Bolton's Fidelity China Special Situations investment trust will be cut from 1.5% to 1.2% from 1 April 2013.

Baillie Gifford has cut the annual management charge across its specialist investment trust range, including Sarah Whitley's top-performing £169m Japanese investment trust.

Alliance Trust chief executive Katherine Garrett-Cox has outlined three roadblocks which could hinder economic growth in 2013 and derail soaring global equity markets.

Alliance Trust has reported its strongest yearly start for 20 years as markets soared at the start of 2013, but said the equity rally is unlikely to continue at the current pace.

ITs

J.P. Morgan is proposing to alter the income mandate on its £96m European investment trust, in a move which would see it sell out of the UK and focus on continental Europe.