EM trusts also show strong performance
Unintended consequences
Investment company purchases by intermediaries and wealth managers through adviser platforms hit a record high of £514m in the first six months of 2017, according to the latest data from the Association of Investment Companies (AIC).
'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...