Investment Trusts

Manager urges investors not to focus on short-term performance as trust returns 81% over year to 31 March in contrast to last year's declines

Winterflood research claims liquidity issues are making smaller investment trusts less attractive to investors

David Coombs has boosted the investment trust holdings within his Rathbone Strategic Growth Portfolio as discounts to net asset value have narrowed.

Better governance is needed to get the investment trust industry back on its feet, writes Simon Westlake of City of London Investment Management

This year could see a resurgence in the issuance of zero dividend preference shares (ZDPs) following the success of recent issues, F&C says.

The Pacific Assets Trust has dropped F&C as its manager, handing the mandate to Angus Tulloch's First State Asia Pacific/Global Emerging Markets team.

INVESTMENT TRUSTS

F&C's Jeremy Tigue has moved his short-term borrowings from sterling into yen to benefit from an anticipated strengthening of the pound.

Octopus VCT has raised more money than any other individual VCT in the most recent tax year, according to figures from the Association of Investment Companies (AIC).

Allianz RCM's Walter Price is building positions in the service and cloud computing sector, in the view new companies in the sector have a competitive advantage.