Funds

Witan has restructured the management line-up of its £160m Pacific investment trust, bringing in Matthews International Capital Management and MW GaveKal Asia Ltd to replace Nomura Asset Management.

David Reid, analyst for The Eastern European trust, looks at how investors can take advantage of Russia's new attitude to overseas investors.

SWIP

VCTs

Venture Capital Trusts(VCTs) have posted another strong fundraising year in 2011/12, with £330m of new shares issued in difficult market conditions.

Billionaire investor Warren Buffett has been diagnosed with prostate cancer.

ISA investors used ETFs to help boost their exposure to a range of commodities in the first quarter of the year, according to sales figures from Hargreaves Lansdown.

First State Investments' Angus Tulloch and two members of his team are to take over management of the £192m Scottish Oriental Companies trust next year.

ACTIVISTS

ITs