Investment Trusts

Ben Rogoff has moved fully invested on the £515m Polar Capital Technology trust in the view share prices will be supported even if tech firms see further earnings downgrades.

Lindsell Train co-founder Nick Train has said the single best performing stock in his portfolio in 2012 and his stock pick of the year is Hargreaves Lansdown.

Colin McLean could relinquish control of the £136m SVM Global investment trust after the board announced it is putting the trust's management contract out to tender, with immediate effect.

Alliance Trust chief executive Katherine Garrett-Cox has said investment trust buyers are too fixated with discounts, urging them to look more at long term share price and NAV performance.

Baronsmead has launched a top-up scheme with the aim of raising £30m across its five-strong range of VCTs.

Neil Woodford's £920m Edinburgh Investment trust will emerge as one of the key winners in the closed-ended space after RDR, investment trust broker Canaccord Genuity has said.

Caledonia trust has recruited Stuart Bridges, chief financial officer at insurer Hiscox, to join its board as it continues to implement a turnaround plan in an effort to narrow its discount.

Investment trust broker Oriel Securities has unveiled the 10 highest yielding investment trusts in the market, for income seekers who are not afraid to take on equity risk.

Lindsell Train co-founder Nick Train said he is no longer comfortable increasing exposure to Hargreaves Lansdown, amid fears its share price could suffer a setback as the firm adjusts to the world post-RDR.

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