AIC

The Association of Investment Companies has joined Morningstar in urging investment companies to fully disclose portfolio holdings so they can compete with open-ended funds in a post-RDR environment.

Jacqueline Lockie, training manager at the Association of Investment Companies (AIC), has outlined seven questions private investors should be asking their advisers in the run up to the retail distribution review (RDR).

The publication of John Kay's government-backed review into UK equity markets earlier this week has brought the issue of short-termism back into the spotlight.

Investment Week's rising star Kyle Caldwell has scooped a prestigious award for his coverage of the investment trust industry.

The government will be able to widen the scope for VCT investment after the European Commission approved its proposals.

INVESTMENT TRUSTS

The Association of Investment Companies (AIC) is urging members to stop publishing TERs, instead recommending closed-ended funds disclose ‘Ongoing Charges' to give investors a greater level of clarity.

INVESTMENT TRUSTS

ITs

The Treasury has put proposals to widen the investment universe for venture capital trusts on hold to protect the vehicles from losing their tax advantages.