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.
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.
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.
Jemma Jackson of the Association of Investment Companies (AIC) looks at the rise of the specialist sectors and explains why closed-ended structures lend themselves to the space.