Investment Trusts

Alliance Trust has begun to implement plans to relocate parts of the business to England, amid growing uncertainty caused by the upcoming referendum on Scottish independence.

Jeremy Tigue is to step down from the £2.4bn Foreign & Colonial trust as he prepares to retire at the end of the year.

Hargreaves Lansdown has reversed its decision to increase charges for clients who hold investment trusts - a consequence of its new pricing model announced last month - and said it may be open to further changes as it announced a set of record-breaking...

Invesco Perpetual's Mark Barnett is to become manager of the £1bn Edinburgh investment trust as of today, taking over from Neil Woodford ahead of the latter's forthcoming move to Oakley Capital.

The managers of the £3bn Scottish Mortgage investment trust have added a number of idiosyncratic stocks to their portfolio in the belief that 'safer' companies could be set for a fall.

Brian O'Neill, one of the country's longest-serving fund managers, is to retire from his role running the Henderson Global investment trust next year.

Neil Woodford has warned investors in his £1.3bn Edinburgh Investment trust that the recent period of strong performance is unlikely to continue if the Federal Reserve tapers bond purchases.

F&C saw its assets under management decline by £2.2bn to £90.1bn in the third quarter, despite a further climb in retail inflows, the group revealed today.

Shares in the Edinburgh Investment Trust were selling off this afternoon after the shock news Neil Woodford will be leaving Invesco Perpetual in April.

INVESTMENT TRUSTS