Investment Trusts

Fidelity has confirmed Anthony Bolton's China Special Situations fund will be an investment trust.

Five years on from J.P. Morgan's first survey of investment directors there have been some notable shifts in director perceptions

For investment trusts, 2009 has not been without its excitement. Volatile discounts have made life very difficult; the flight to quality was swiftly followed by the dash to trash as investors switched to more exotic investments

Finsbury Growth & Income Trust has reported a net asset value total return of 24% compared with 10.8% from the benchmark FTSE All-Share index.

The AIC has appointed Ian Sayers as director general after he held the role of acting head of the organisation since the departure of Daniel Godfrey at the end of July.

F&C has been replaced as manager of the £290m Foreign & Colonial Eurotrust following prolonged underperformance.

There has been a recent resurgence in demand for closed-ended funds such as investment trusts as they are ideally structured for investment away from the mainstream

The board of the Premier Energy & Water investment trust has elected to extend the vehicle's life beyond its original 31 December 2010 wind-up date.

The Biotech Growth trust is planning to raise up to £50m through a new share offering.

The investment trust industry has funded everything from the building of railways across the US to the development of South American economies in the 19th century.