Analysts review opportunities among the depressed share prices of infrastructure investment companies following decision of Gravis Capital to pull its planned fund launch.
Investment trusts and closed-end funds have on average outperformed rival open-ended funds over 1, 3, 5, 10, 20 and 30 years, according to analysis commissioned by the Association of Investment Companies.
Excluding direct equities, six of the 10 most popular investments on the AJ Bell broking platform in the first quarter were investment trusts.
BlackRock Smaller Companies puts further clear water between it and rival BlackRock Throgmorton with an overhaul of charges it says would have saved shareholders over £1 million last year.
Twenty-year old fund of funds secures another five years from shareholders despite opposition from one activist investor.
Chetan Sehgal, the new manager of Templeton Emerging Markets, appeals for clarity after US sanctions damage the investment trust’s overweight position in Russia.
Manchester & London, the tech-heavy, top-performing UK All Companies investment trust of the past year, has more than halved its stake in Facebook.
Matthias Siller, manager of Baring Emerging Europe, says there are still opportunities to make money in Russia - as long as investors understand the risks.
Schroders has been sacked as manager of Schroder UK Growth following a prolonged period of poor performance under Philip Matthews. Baillie Gifford will take over the mandate.
Mercantile manager Guy Anderson says avoiding Provident Financial, Capita and Dixons Carphone was a big help, but 'punitive' response to disappointments could be an even bigger feature this year.