Referendum just weeks away
Investment trust providers need to have strong reasons to justify launching new closed-ended funds with equity mandates, as the sector becomes increasingly dominated by alternatives vehicles, according to Numis Securities.
Analysts have hit out at last week's decision by the board of the £1.7bn Electra Private Equity investment company to terminate its contract with investment manager Electra Partners after four decades, warning the announcement has exacerbated an already...
Yield-hungry investors have been flocking to specialist property trusts this year, against a backdrop of falling demand for more generalist property funds.
In the latest in our series of interviews with some of the industry's key Investment Influencers, Investment Week talks to John Husselbee of Liontrust.
Fund managers spoke about their portfolio strategies and market views at the inaugural Investment Week Funds to Watch UK Equities conference.
Only 26% of investment trusts launched between 2000 and 2009 are still going strong, while the rest have been wound up due to poor performance, wide discounts or because their mandate is no longer relevant, according to Numis Securities.