Investment Trusts

UK-domiciled investment trusts have been granted greater flexibility in paying out dividends, with vehicles now able to distribute capital profits as income for the first time.

Henderson's John Bennett has overhauled the Henderson European Focus trust, introducing more risk into the portfolio through active bets against the benchmark.

Numis Securities predicts established equity income investment trusts will be the main beneficiaries of RDR when it is implemented next January.

Nearly a fifth of investment trust directors do not invest in their own companies, the latest ‘Skin in the Game' report by broker Collins Stewart has revealed.

The public's willingness to accept economic reform may be a greater problem for Europe this year than the stubbornness of the ECB, according to the managers of the Ruffer Investment Company.

Alliance Trust has appointed Karin Forseke as non-executive chairman to replace Lesley Knox, who announced last year she intended to step down from the role.

Tech star Ben Rogoff has blamed the "formidable headwind" of small caps for a 5% fall in NAV for the Polar Capital Technology trust over the six months to 31 October 2011.

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