At a conference last April, Jackie Beard, director of closed-end fund research at Morningstar UK, was horrified by some investment trust directors' lack of knowledge and awareness of the RDR. Over a year on, has she noticed any change?
David Barron, head of investment trusts at J.P. Morgan Asset Management, responds to concerns over the liquidity of closed-ended products.
Sanjeev Shah has stepped down as manager of Fidelity's Special Values investment trust, after requesting to be taken off the mandate.