Investment Trusts

F&C Investments' sales and distribution businesses are to rebrand as BMO Global Asset Management, as the fund house becomes more closely integrated with its parent firm.

Invesco has named Westhouse Securities as the sole financial adviser and broker to its Income Growth Trust.

A surge in demand post-RDR makes for positive headlines, but it also masks a bigger problem

Aberdeen Asset Management and Legal & General Investment Management have added their support to Elliott Advisors in the war with Alliance Trust.

Neil Woodford's Patient Capital trust has raised £800m during its offer period, a record for a London-listed investment trust.

Another shareholder body has added its voice to the growing number recommending that Alliance Trust shareholders support the changes put forward by Elliott Advisors.

Woodford Investment Management (WIM) has increased the initial fundraising limit for its Patient Capital trust from £500m to £800m in response to investor demand.

Elliott Advisors has increased its voting stake in Alliance Trust in the run up to the trust's annual general meeting later this month.

Alliance Trust has cut the ongoing charges figure (OCF) across portfolios by 20% as part of its focus on cost-cutting.

Fidelity FundsNetwork is to make Neil Woodford's Patient Capital trust the first externally-managed investment trust available on the platform, in what it says is a "clear intention" of more to come.