investment trusts

A study by Henderson Global Investors has found the majority of investors supported performance fees on funds, despite an industry-wide trend for scrapping them.

Nick Greenwood's Miton Worldwide Growth trust has proposed new measures to provide investors with more liquidity in a bid to attract inflows.

Paul Niven, manager of the £2.5bn Foreign and Colonial investment trust, said he has already started tapping into the resources on offer following BMO's acquisition of F&C earlier this year.

'Everyone is still working out their value'

Equity income strategies are set to remain in favour but dividend growth rather than headline yield is becoming increasingly important, according to Henderson High Income's David Smith.

Jupiter is handing its £60m investment trust savings and ISA businesses to Hargreaves Lansdown to administer, in a deal for an undisclosed sum.

In the next article in the series, FE Trustnet's Joshua Ausden considers three highly-rated UK equity managers and examines which of their portfolios are most attractive.

Lucy Macdonald, co-manager of the Brunner investment trust, says investors need balanced portfolio exposure and valuation discipline to take advantage of short-term opportunities.

Analysts have expressed concerns about the disclosure policies of some specialist investment trusts as investors continue to pile into alternative assets.

Figures from the AIC show that 45% of investment trusts have now had the same manager for at least a decade, with a select few having been in charge for a quarter century.