ITs vs OEICs: Are these managers impossible to ignore?

The managers you cannot afford to ignore

FE's Josh Ausden shines a light on the talented fund managers investors automatically miss out on if they only consider either open-ended funds or investment trusts.

Few issues divide fund selectors as passionately as the open-ended versus closed-ended debate. On a very general basis, investors who crave simplicity tend to go down the former route, while those who want to maximise their returns through gearing and discount movements go for investment trusts. To explore the complexities of both structures would require a series of articles in its own right but, regardless of where your loyalties lie, one thing is for sure: investors are best off keeping an open mind. Ignoring either open-ended funds or trusts denies investors access to some of the ver...