Private investors and wealth managers becoming keener on investment trusts again
216 investors quizzed for the annual UK Investment Trust Study.
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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’
As 69% call on FCA to impose stronger investor protections where illiquid assets are held in funds
Documents ‘overstate potential performance and understate risks’ which can mislead investors
Bank names CIO for Europe and Mena, while asset management giant hires chair
Asset manager names CEO, while international advice firm makes triple hire
Financial advisers have a ‘duty’ to analyse all asset classes when building client portfolios