NAV

SVM Asset Management has invested about half its fund of funds assets in investment trusts that have remained at excessively wide discounts to NAV since the credit crisis.

Anthony Bolton's Fidelity China Special Situations trust has issued a further 11 million shares, primarily to assist trackers wishing to buy the vehicle following its admission to the FTSE 250.

Baring Emerging Europe experienced a strong rise in net asset value for the first six months of the year, boosted by a rally in the region's equity markets.

The listed hedge fund sector looks set to contract as trusts face continuation votes and many are wound up, despite taking action to narrow their discounts.

Manager urges investors not to focus on short-term performance as trust returns 81% over year to 31 March in contrast to last year's declines

Better governance is needed to get the investment trust industry back on its feet, writes Simon Westlake of City of London Investment Management

The British Property Federation's Andrew Teacher looks at how a hung parliament would affect the property sector

Aberdeen Asset Management has almost finished transforming listed portfolio Bramdean Alternatives from a hybrid multi-asset class vehicle to one focusing solely on private equity funds.

J.P. Morgan has raised £46.7m for its Brazil investment trust, the first UK closed-ended company focused on the Latin American country.

Fidelity Asian Values has introduced gearing for the first time since September. The £120m trust has drawn down $9m of a $15m loan facility it arranged ING Bank in February.