It has been a busy year for the closed-ended sector having celebrated its 150th anniversary and seeing the largest number of IPOs in over a decade. Check out our gallery showcasing the biggest investment trust stories of 2018.
European Commission relents to pressure
Tackling KIDs is 'key priority'
Clash over regulation continues
Retail funds to be in scope from 31 December 2019
Could lead investors to make 'disastrous decisions'
MiFID II and GDPR making headlines
AIC urges action from FCA as KIDs research suggests 'nonsense' risk results when comparing sister funds
Closed-ended vehicles considered less risky
‘Causing serious detriment’ to investors
Investment trust round-up
As early as next month
To help consumers make better investment decisions
Celebrating 150th anniversary
Managers consider next steps for directive
Annual survey from Winterflood
Senior IA adviser calls for 'heads to roll' at FCA as he labels PRIIPs 'worst piece of financial regulation ever'
Regulation has caused industry debate
Concerns mounting over potential return figures
Follows industry criticism
Concerned about performance scenarios
Hargreaves Lansdown scraps US-domiciled ETFs from platform following PRIIPs implementation; Temporarily removes some trusts
Regulation implemented on 1 January
KIDS make investment company costs look higher
Original proposals would lead to over optimistic outcomes