FCA launches CCI retail disclosure consultation
New product framework for CCIs, including investment trusts, aims to simplify information for retail investors
New product framework for CCIs, including investment trusts, aims to simplify information for retail investors
48% of private investors consider ESG factors when investing, according to the annual ESG Attitudes Tracker
The AIC was ‘disappointed’ to learn draft legislation exempting trusts from cost disclosure requirements does not include VCTs
Discounts cited by over 80% as reason to buy
MPC voted 5-4 in favour of a 25bps cut
216 investors quizzed for the annual UK Investment Trust Study.
Large fall from the £705m recorded in 2022
Cost disclosure regulation has been called ‘illegal and irrational’ amid an ’emergency situation’ for investment companies
But nearly a quarter said they would consider getting into debt to buy them
Accredited by the CII and CISI, it covers essential investment company topics
But most agreed that ‘investments should make a positive difference as well as a financial return’
Trade association says it is encouraging the ‘FCA has listened to industry concerns’ to ‘get it right’