Investment Trusts

F&C's Jeremy Tigue has moved his short-term borrowings from sterling into yen to benefit from an anticipated strengthening of the pound.

Octopus VCT has raised more money than any other individual VCT in the most recent tax year, according to figures from the Association of Investment Companies (AIC).

Allianz RCM's Walter Price is building positions in the service and cloud computing sector, in the view new companies in the sector have a competitive advantage.

Aberdeen Asset Management has almost finished transforming listed portfolio Bramdean Alternatives from a hybrid multi-asset class vehicle to one focusing solely on private equity funds.

Wealth manager Smith & Williamson has lambasted investment trusts with no formal process to control their discount.

The Ignis-managed £979m UK Commercial Property trust is trying to merge with F&C Commercial Property trust to create one of the biggest vehicles in the sector.

Phil Doel's £45m F&C UK Select trust will be wound up after failing to beat its benchmark over the past two years.

JPMorgan has changed the name of its US Discovery investment trust following a change in the investment objective.

Edinburgh Partners' Dale Robertson has completed 95% of rationalisation task on trust

Fidelity Asian Values has introduced gearing for the first time since September. The £120m trust has drawn down $9m of a $15m loan facility it arranged ING Bank in February.