Funds

What we can learn from this South African boutique

Legg Mason has integrated eight Martin Currie equity funds into its ICVC fund range, in a move that brings all its subsidiaries under one umbrella in the UK.

How the Gross effect and specialist funds can help Janus in the UK

Analysts have expressed concerns about the disclosure policies of some specialist investment trusts as investors continue to pile into alternative assets.

The best hedging strategy in town?

Prudential chair Paul Manduca has joined the board of the Templeton Emerging Markets trust as its chairman steps down after more than a decade with the company.

Legal & General's decision to invite offers for Cofunds just two years after it bought the platform is fraught with a number of potential pitfalls, according to industry commentators.

Figures from the AIC show that 45% of investment trusts have now had the same manager for at least a decade, with a select few having been in charge for a quarter century.

Broker Stifel has recommended investors sell Neil Woodford's Patient Capital trust due to its share price trading at a high premium to NAV.

Almost one fifth of investment trusts have changed managers in the last 18 months as a result of retirements, departures and greater board scrutiny, according to the Association of Investment Companies (AIC).