The Foreign & Colonial (F&C) investment trust is finally taking steps to address its lacklustre perf...
The Foreign & Colonial (F&C) investment trust is finally taking steps to address its lacklustre performance, the latest generalist trust to admit its managers are unable do everything. The oldest trust in the market is planning on outsourcing the management of certain components of its portfolio, a move that is eerily familiar to what happened to the Edinburgh investment trust when it moved to Fidelity in 2002 and the recent changes initiated by Witan. While many will applaud the move by Foreign & Colonial to address its struggling performance, there are others who may wonder why it has t...
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