The Lindsell Train investment trust has announced it will no longer give itself the option of gearing the portfolio, in part due to rising regulatory costs.
UK Smaller Companies trusts were among the best performers last month, after the political uncertainty of the general election subsided.
The Patient Capital investment trust is to enter the FTSE 250 later this month, two months on from its record fundraising.
Investment trust sales on adviser platforms reached a record high in the first quarter of 2015.
The managers of the £3.4bn Scottish Mortgage trust said they need to 'renew their thinking' about some of the portfolio's key themes, after seeing opportunities become "exhausted" in the last few years.
The key issues impacting investors
Hawksmoor manager Richard Scott has opened a position in Alliance Trust on his Vanbrugh fund following the trust's public spat with Elliott Advisors.
TwentyFour Asset Management is launching a UK Mortgages investment trust for Ben Hayward (pictured) and Douglas Charleston in a further expansion of its closed-ended range.
Smith & Williamson has hired two former co-leads of global equities at Pictet to take over its American trust as Tana Focke retires after 20 years at the helm.
James Carthew, research director at investment trust research house QuotedData, asks if trusts specialising in private equity, asset leasing, and debt are worth considering for income hunters.