Funds

Three advisers argue the case for investment trusts and reveal some of their favourites.

A number of misunderstandings have put advisers off the investment trust space, but excluding them from clients' portfolios is a big mistake, says Paul Taylor, managing director at McCarthy Taylor.

Suzi Edwards, senior manager in the Deloitte Stamp Tax Consultancy, examines the potential success of the proposed UK contractual fund against its European competitors for UK stamp tax purposes.

Aberdeen's global equity fund specialist Bruce Stout, manager of the £1bn Murray International trust, has warned investors should be preparing for a decade of no growth in developed economies.

Fidelity FundsNetwork has become the first of the fund supermarkets to confirm it will offer investment trusts ahead of RDR.

ITs

Skandia UK has revealed plans to offer advisers the chance to co-brand the platform, as well as expand the range of services customers can directly access on its platform, amid a fall in profits.

The board of the £40m British Portfolio trust has stripped RCM of its role as manager of the trust, following a period of poor performance.

HOW INVESTORS LOST FAITH

Nicola Horlick, chief executive of Bramdean Asset Management, has joined forces with two 3i alumni to launch a new investment business.