Woodford Patient Capital among losers
Widening discounts offering attractive opportunities
Benefits of a closed-ended structure
Winterflood has recommended a number of investment trusts set to benefit from 'remain' or 'leave' verdicts in today's EU referendum.
Investment trust managers are showing renewed appetite for unlisted companies as a way of "differentiating themselves" from competitors, as they also hunt for fresh opportunities in a low-growth environment.
Investment trust providers need to have strong reasons to justify launching new closed-ended funds with equity mandates, as the sector becomes increasingly dominated by alternatives vehicles, according to Numis Securities.
Two very different mandates