AIC

Ascentric's managing director, Hugo Thorman, has argued advisers' use of model portfolios is hindering the popularity of investment trusts.

Trust in me

What’s good for the goose…

The Association of Investment Companies (AIC) has elected Peter Arthur to replace Andrew Bell as chairman.

Twenty investment trusts have scrapped performance fees so far this year as pressure from open-ended rivals causes boards to take action.

A familiar asset class has once again dominated the list of the most consistently top performing investment trusts of the last decade, a study has revealed.

Venture Capital Trusts have been hoarding investor cash after an error from HM Revenue and Customs left the vehicles afraid of issuing new shares.

CONTRARIAN INVESTOR

Investors should avoid income-paying trusts after the sector moved to trade on a premium for the first time since the financial crisis, analysts have warned, amid growing expectations interest rates could rise this year.

GOSLING'S GROUSE