Investment Trusts

BlackRock's Sam Vecht believes frontier markets are offering better value than overcrowded and overheating emerging markets.

The investment trust universe is experiencing an upsurge in M&A activity, says MAM Funds' Nick Greenwood, who has reshaped his portfolio to take advantage of the trend.

VCT group Albion Ventures has reshaped its sector allocation, tripling environmental holdings and almost doubling healthcare stocks.

Saltus Partners' multi-manager Dan Kemp is finding compelling value in listed alternative investment trusts and is looking to profit from the sector's deep discounts.

Henderson Global Investors is aiming to raise up to £150m with the launch of its latest product, a global equity income investment trust.

Alastair Smith, managing partner of Frostrow Capital, discusses whether investment trust consolidations, mergers and wind ups seen in 2010 will continue this year.

Laxey Partners has sent out a letter to Alliance Trust shareholders arguing for the introduction of share buybacks if the trust's discount to net asset value exceeds 10%.

High profile investment trust managers including Fidelity's Anthony Bolton and Jupiter's Alex Darwall are injecting huge amounts of personal capital into their own vehicles, according to research by broker Collins Stewart.

INVESTMENT TRUSTS

Kotak Mahindra is launching an Indian infrastructure investment trust in a bid to benefit from the $1trn the Indian government has pledged to spend in the sector within the next few years.