discounts

Share price dropped by 3.5%

European trusts trounce other sectors

Average rate hit nearly 1.5% in May

Shares still not a 'buy'

NAVs slumped throughout Q4 2018

Currently on a 13% discount

More than two thirds of investment companies (excluding VCTs) now have discount control mechanisms (DCMs) in place, compared to about 40% five years ago, but some industry commentators believe further action should be taken as no trust should be "sitting...

Nick Wilson, chairman of the Qatar Investment Fund, on how best to navigate investment company discounts.