Investment Trust

Fearful of valuation divergence

Will become the Jupiter Global trust

Board member Cullinan resigns

Will allow more access to European ABS

Private investments now 10% of portfolio

£1.5bn trust issues new shares

Fed expected to hike next month

For manager Richard Aston

FundsNetwork will offer a wider range of the most popular investment trusts and exchange traded products on the platform from early December.

Tom Slater, co-manager of the £3.6bn Scottish Mortgage trust, will take over the role of head of the North American team at Baillie Gifford.