Funds

David Barron, head of investment trusts at J.P. Morgan Asset Management, responds to concerns over the liquidity of closed-ended products.

F&C Investments has scrapped plans to launch a US investment trust after it failed to reach its £100m fundraising target.

Investment Week's rising star Kyle Caldwell has scooped a prestigious award for his coverage of the investment trust industry.

Primary Health Properties (PHP) has become the first UK Real Estate Investment Trust (REIT) to launch a retail bond.

John Kennedy has deleveraged his £588m Scottish investment trust, converting its entire gearing component into cash equivalents to shield the portfolio against a further market set-back.

TECHNOLOGY

Threadneedle's Simon Brazier is to take over management of the £25m UK Select trust as the group lays out its plans for expansion into the investment trust space.

The Foreign & Colonial investment trust is to move to quarterly dividend payments and raise its total dividend for 2012 by 20%, as part of an overhaul of its distribution policy.

S&P Capital IQ has launched a grading system for ETFs that will treat passive funds as a separate asset class.

Non-advised platform assets under administration will grow at a compound annual growth rate of 71% between 2011 and 2014, according to figures from Deloitte.