Funds

Martin Currie's Andrew Graham is to reduce the £135m Pacific trust's Japan exposure when he takes the helm in July.

Morningstar's closed-ended fund strategist Mike Taggart believes investors will continue to largely shun "secretive" investment trusts until they improve transparency.

Henderson's head of pan-european equities Stephen Peak has stepped down as lead manager of the £280m TR European Growth trust.

Collins Stewart's Martin Turner has today joined MAM Funds as co-manager of Gervais William's Diverse Income trust.

John Millar is stepping down from his role as manager of the £135m Martin Currie Pacific trust after the board decided to reduce the trust's exposure to Japan.

Generalist investment trusts failing to attract investors as macroeconomic headwinds grow.

Baillie Gifford's £2.5bn Scottish Mortgage investment trust's share price grew 22% over the past year, largely driven by its exposure to technology, according to the deputy manager.

The investment trust industry is backing the RDR initiative wholeheartedly. Simon Cordery, head of investment trust investor relations at F&C Investments, explains why.

Brewin Dolphin has thrown its weight behind Alliance Trust and said it will vote against the resolution put forward by Laxey Partners to introduce a discount control mechanism.

Almost half of RAB Capital's Special Situations investment trust will be invested in the Master fund of the same name when redemption requests are paid out in October.