Investment Trusts

Commodities and resources have overtaken blue chips as investors' favoured sectors for the first time in over seven years, said the Association of Investment Companies.

Patrick Edwardson, the manager of the £393m Scottish American investment trust, has increased his UK exposure to a quarter of the portfolio, at the expense of overseas holdings.

INVESTMENT TRUSTS

Investment Week's Senior Asset Management Correspondent, Lorraine Cushnie speaks to Alastair Smith of Frostrow Capital.

INVESTMENT TRUSTS

F&C's Peter Ewins has begun modifying the £195m Global Smaller Companies trust since changing the benchmark earlier this year.

BlackRock's Poppy Allonby believes China is offering the best potential for green energy.

The Artemis Alpha and Gartmore Growth Opportunities investment trusts have reached an agreement to merge the two companies.

Eleven of this year's 13 IPOs are trading on a premium, including Anthony Bolton's China Special Situations fund, according to Numis Securities.

F&C will retain the £617m Commercial Property trust (FCPT) mandate following a failed takeover bid by Ignis-managed UK Commercial Property trust.