Investment Trusts

Standard Life Investments' Thomas Moore is set to shake up holdings in the group's £107m Equity Income trust when he takes over as lead manager next year.

IMA figures show net inflows drop to levels last seen at height of crisis, with just five trusts launched this year compared to 15 in 2010.

INVESTMENT TRUSTS

The board of the Invista Foundation Property Trust has confirmed that Schroders is to take over the management of the company.

F&C manager Phil Doel adds to holdings in major income-payers like Vodaphone in UK market to support dividend on £441m portfolio.

Midas Investment Management has stepped up its public spat with the board of the Charter European trust, labelling its voting system undemocratic and requisitioning an EGM on 8 November.

The Invesco Perpetual Recovery Trust 2011, a split cap vehicle, has been wound up today.

Investment Week's Investment Trust of the Year Awards aim to recognise and reward excellence in fund management.

F&C's Sam Cosh has taken over the lead management of the European Assets trust following the departure of Paras Anand to Fidelity.

Ian Sayers, director general of the Association of Investment Companies (AIC), believes as Skandia, FundsNetwork and Cofunds move towards unbundled pricing models, investment trusts move one step closer to competing on a level playing field with OEICs....