The great and the good of the investment trust world were at Mello last week. And I was there as well, trying my best to absorb the vast amount of information on offer.
Exploring the world of investment trusts
The great and the good of the investment trust world were at Mello last week. And I was there as well, trying my best to absorb the vast amount of information on offer.
My entry to the world of investment trusts, nearly 25 years ago now, was via monthly savings schemes. They made it both easy and cost-effective to invest small sums. But few such schemes exist today and they may soon die out completely.
After a year of deliberation, the AIC has just revealed its new sector definitions for investment trusts. It’s a major shake-up and looks like a big improvement from what I have seen so far.
After 16 years of beating his benchmark every single year, Mike Prentis is to step down as the lead manager of BlackRock Smaller Companies. His successor has big shoes to fill!
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