RIT Capital Partners, the £2.3bn investment trust chaired by Lord Rothschild, is to acquire GVO Investment Management - formerly known as SVG Investment Managers.
From fee reductions and discount management, to more board scrutiny. Jeremy Beckwith, director of manager research at Morningstar, analyses the changing story behind investment trusts in 2014.
Canaccord Genuity's latest look at which trust boards and managers have invested in their own funds reveals 46 managers now have personal investments in their portfolios worth more than £1m.
Ascentric's managing director, Hugo Thorman, has argued advisers' use of model portfolios is hindering the popularity of investment trusts.
Investment companies fight for recognition
The winners of Investment Week's Investment Company of the Year Awards 2014 were crowned at a ceremony in London on 25 November.
Seneca Investment Management has suggested investors move out of fixed income in order to avoid getting caught out by a painful correction.
Twenty investment trusts have scrapped performance fees so far this year as pressure from open-ended rivals causes boards to take action.
Renewable energy investment trusts are facing a shake-up as the government attempts to rein in spending on subsidies for solar development.