UK-domiciled investment trusts have been granted greater flexibility in paying out dividends, with vehicles now able to distribute capital profits as income for the first time.
Nearly a fifth of investment trust directors do not invest in their own companies, the latest ‘Skin in the Game' report by broker Collins Stewart has revealed.
IMA figures show net inflows drop to levels last seen at height of crisis, with just five trusts launched this year compared to 15 in 2010.
Kyle Caldwell talks to Ian Sayers, the director general of the Association of Investment Companies, about how closed-ended vehicles can fight their way into clients' portfolios after 2012.
Ian Sayers, director general of the Association of Investment Companies (AIC), believes as Skandia, FundsNetwork and Cofunds move towards unbundled pricing models, investment trusts move one step closer to competing on a level playing field with OEICs....
The European investment trust sector has grown dividends faster than any other over the last five years, even outstripping commodities-focused investment trusts, with payouts increasing by a fifth.
James Budden, head of investment trusts at Baillie Gifford, explains why advisers should consider the virtues of investment trusts. Lawrence Gosling reports.
The battle between investment trusts and OEICs is long standing, but when it comes to cost, one side comes out on top, writes Kyle Caldwell.