Only 26% of investment trusts launched between 2000 and 2009 are still going strong, while the rest have been wound up due to poor performance, wide discounts or because their mandate is no longer relevant, according to Numis Securities.
Who, or what, will disrupt financial advice and asset management? Will it be technology? Robo-advice? A new entrant we have not thought of? All of the above? Or none of them?
Well-known for roles at Miton and Coram
Winners announced on 7 July
First onshore product from RARE
Plans to be at helm in five years
Will stop charging investors for external research at start of 2017