Post-RDR, advisers are waking up to the fact the investment trust sector is thoroughly modern in both its thinking and its proposition to investors, says James Budden - now platforms and commentators should too
Investment trusts are in the news. Recently the City pages of our national newspapers have been full of the possible engagement of two of the biggest trusts in the sector - namely Alliance and Rothschild Investment Trust. This is noteworthy for two particular reasons, the first of which is that marriages in the sector are few and far between. The second is that it is rare for investment trusts to garner more than a passing mention in the mainstream press. Indeed, what little is said of the sector normally starts with a description such as ‘old-fashioned', ‘venerable' or ‘slow-moving'. In...
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