Morningstar has launched a stinging attack on the closed-ended funds industry, arguing the sector will not be able to compete with OEICs until it releases full holdings data on a regular basis.
Investment companies are being urged to issue zero dividend preference shares (ZDPs) rather than rely on banks to provide financing, to help ride out short term market volatility.
Baillie Gifford's James Anderson has bought into the Italian stock market for the first time in years, claiming Italy is in a better financial position than the UK.
The Association of Investment Companies (AIC) is advising members with modest investments in US securities to avoid signing up to FATCA, in the same week as the IMA called for a further delay to the deadline.
Brewin Dolphin's John Newlands explains why investors should stick with veteran managers even when new and exciting opportunities enter the market.