How 2017 was a record breaker for investment trusts
Secondary fundraising within investment trusts hit an all-time high of £6bn in 2017, up £1bn on last year, according to research from the Association of Investment Companies.
Secondary fundraising within investment trusts hit an all-time high of £6bn in 2017, up £1bn on last year, according to research from the Association of Investment Companies.
Hits on the AIC website have soared in recent months, but which investment trusts have been peaking investor interest so far this year?
Plans by the UK’s Financial Conduct Authority to crackdown on excessive asset management fund charges and improve competitiveness in the sector has been met with a flurry of contradictory responses from different parts of the financial services industry.
Yield-hungry investors have had their demands met by an increasing number of investment companies paying out quarterly dividends, new research from the Association of Investment Companies has shown.
Investor confidence in the stock market has halved in the past two years due to the joint impact of political uncertainty and low interest rates, according to research from the UK’s Association of Investment Companies (AIC).
A key committee in the European Parliament has rejected the proposed technical standards regulation for the EU’s Packaged Retail and Insurance-based Investment Products (Priips), paving the way for a possible delay to its implementation.
The forthcoming changes to pension tax relief have led to an uptick in venture capital trust (VCT) business for three-quarters of VCT managers.
Several senior appointments and a departure were announced this week at Sanlam, while Aviva Investors lined up new leadership for liquid markets. First Names made two Isle of Man appointments, with two new appointments to AIC’s board also announced.
There are signs that high yields are tempting investors back to commodities-focused investment trusts, but analysis group Stifel warned that current yields may not be sustainable.
Neil Woodford’s Patient Capital Trust, the second fund from the star manager’s company, is the largest ever UK investment company launch, according to the Association of Investment Companies (AIC).
The Association of Investment Companies (AIC) has canvassed key executives from global asset managers on the implications of the UK pension reforms and why investors should consider investment trusts as a vehicle for retirement.