Investment Trust

The management of Diverse Income Trust is considering increasing the company's capital base in order to cut costs.

Fidelity Worldwide Investment is to stop paying trail commission to IFAs on Anthony Bolton's China Special Situations investment trust.

Alliance Trust has begun to implement plans to relocate parts of the business to England, amid growing uncertainty caused by the upcoming referendum on Scottish independence.

It is harder for equity managers to invest now than in the run up to the financial crisis, according to Bruce Stout, manager of the £1.3bn Murray International trust.

Aviva Investors is winding down its £79m Property Investment fund as assets have shrunk to a point where "it is no longer optimal" to run.

A turning point in the performance of Eastern European equities may finally be on the cards this year, according to Sam Vecht, co-manager of the BlackRock Emerging Europe trust.

The Association of Investment Companies (AIC) is putting together a list of shares and securities independent advisers can continue to recommend after restrictions on their use of higher-risk unregulated investments come into force next year.

Wealth management giants including Rathbones, Towry and Quilter are said to be looking at a £50m acquisition of Jupiter's private client business, and a sale now could enable the group to pay a special dividend to shareholders, analysts have said.

Rathbone Brothers has filed an appeal against the latest ruling in its ongoing Jersey trust legal battle.

Anthony Bolton's Fidelity China Special Situations investment trust has jumped up the performance charts after a stellar year which saw it return three times its benchmark index.