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However the base fee of the trust will remain the same.

The purchase sees Woodford renew the relationship he built with the trust back in his Invesco Perpetual days.

We profile a range of popular trusts and ask whether they are still worth backing at their current levels.

Vivien Gould will sit on the trust's board as a non-executive director.

US activist fund manager Gamco Investors lines up heavyweight board for launch of Gabelli Value Plus Trust.

Ruffer freely admits its fallibility. So its ironic that the major call the house is ‘technically still very wrong’ about drove its returns in 2014.

Investment trusts may lose their attraction if they are deemed complex instruments under new European rules.

Despite £750 million in new shares last year, many infrastructure funds are on double digit premiums - can these be justified?

Baker Steel Resources hopes to raise up to £100 million in new equity over the next 12 months as it takes advantage of downturn that it believes ‘is close to its trough’.

But investors respond positively to quick formation of coalition with right-wing Independent Greeks.

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