Liontrust managers Anthony Cross and Julian Fosh have said the ‘dash for trash' that characterised UK equity markets last year may be coming to an end.
Investment trust buyers are selling their infrastructure holdings, rotating into open-ended vehicles or exiting the sector entirely as premiums hit record levels.
Investment trust buyers are building positions in the listed private equity sector, as strong performance and narrowing discounts continue to boost returns.
Investment bank Canaccord Genuity has named its ten top investment trusts to thrive in bull market conditions.