Tim Ingram, chair of the Wealth Management Association and a former director of Alliance Trust, has backed Elliott Advisors' proposals to add three non-execs to the trust's board.
Baillie Gifford's global alpha equity team have replaced Gerald Smith as manager of the Monks investment trust as the board seeks to improve performance.
Fidelity Asian Values manager John Lo has stepped back from running the trust after a 13-year spell in charge, to be replaced by Nitin Bajaj.
Navigating 'known unknowns'
Rathbones' multi-asset head David Coombs has said the UK's largest investment trusts must reconsider their branding and investment strategies if they are to attract more interest from fund buyers.
Nick Greenwood, manager of the Miton Worldwide Growth investment trust, discusses a little-heralded UK equity fund that could prosper this year.
The overhaul of the British Assets trust may have caused an unusual discount narrowing on the £2.6bn Foreign & Colonial trust, according to analysts.