Dale Nicholls, manager of Fidelity Special Situations, says unlisted investments are a 'key source of alpha' or outperformance for the trust.
UK's oldest investment trust enjoys strongest first-half in over 20 years but private equity exposure and weakening share price see F&C lag its benchmark.
Battered shares in CatCo Reinsurance have spiked on plans to return £33 million of cash as part of its gradual wind-down.
Aberdeen Standard European Logistics Income raises £46.4 million for further investment in 'big box' warehouses on the Continent.
Neil Woodford has sold 60% of his holding in Woodford Patient Capital Trust to pay for a tax bill as board of investment trust revealed discussions with other investment groups about managing the listed fund.
FlowStream Royalties looks to raise $250 million (£200 million) for trust investing in mature oil exploration and production companies.
Fund manager takes second crack at rapidly growing market in alternative investments with JPMorgan Global Core Real Assets (JARA) offering a diversified portfolio of property, infrastructure and transport.
Numis Securities analysts believe big premium on Honeycomb shares looks vulnerable as they review their recommendations for alternative asset investment companies, including a ‘trading buy’ and ‘sell’ on two other debt funds.
Analysis by broker AJ Bell of 40 fund managers running both investment trusts and ope-ended funds, shows that three-quarters delivered better long-term returns with trusts.
Independent says it remains a global investment trust despite the Association of Investment Companies' decision to move it to the UK All Companies sector where it sits bottom over one year but top over five years.