Funds

The Lindsell Train investment trust has announced it will no longer give itself the option of gearing the portfolio, in part due to rising regulatory costs.

UK Smaller Companies trusts were among the best performers last month, after the political uncertainty of the general election subsided.

The Patient Capital investment trust is to enter the FTSE 250 later this month, two months on from its record fundraising.

Investment trust sales on adviser platforms reached a record high in the first quarter of 2015.

Hargreaves Lansdown has launched six "ready-made" portfolios for non-advised investors, offering access to its £5bn multi-manager range for an ongoing fee below 2%.

Aberdeen's Fran Radano and Paul Atkinson, managers of the £275m North American Income trust, said recent concerns about US earnings pressures have been overstated, as they question whether it is even possible to identify ‘normalised earnings' for this...

The next generation of trend-based strategies

FE's Joshua Ausden outlines one of the biggest advantages closed-ended funds have over their open-ended counterparts, and highlights the investment trusts that benefit most.

The managers of the £3.4bn Scottish Mortgage trust said they need to 'renew their thinking' about some of the portfolio's key themes, after seeing opportunities become "exhausted" in the last few years.

Sam Isaly, managing partner of OrbiMed Investors and portfolio manager of the Worldwide Healthcare trust, says strategically-driven M&A activity and leaps in scientific research are continuing to drive growth for the sector