'Emphasis on active portfolio management'
'Blurring of the lines' between capital and income
Comes into force on 3 January 2018
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...
Wall Street traders baffled by mystery trader
Total raised was £542m for the year
Potential for four hikes