Scottish Mortgage

INVESTMENT TRUSTS

Annabelle Williams asks two wealth managers which investment trusts have made it on to their buy lists.

ITs

James Anderson, manager of Baillie Gifford's £2.1bn Scottish Mortgage investment trust, is stepping down from the position for six months.

In less than three months, investment trusts will sit on a level pricing playing field with open-ended products for the first time, as the industry says goodbye to trail commission.

ITs

Baillie Gifford's James Anderson has bought into the Italian stock market for the first time in years, claiming Italy is in a better financial position than the UK.

INVESTMENT TRUSTS

ITs

Jemma Jackson of the Association of Investment Companies (AIC) looks at the rise of the specialist sectors and explains why closed-ended structures lend themselves to the space.