They did it their way

Article Abstract:

United Kingdom private client fund managers use investment trusts to spread risks, provide access to specialist markets, and cut down on volatility. UK investment trusts have seen widening discounts, but rationalization appears to be under way as hedge funds have put pressure on the sector. Rossie House Investment Management tends to have from 50% and 60% of portfolios in the UK. Mark Hattersley Professional Advisory Services sees investment and unit trusts as suitable for portfoliosof under 500,000 pounds sterling.

Commercial Banks, Investment Banking and Securities Dealing, Portfolio & Funds Management, Portfolio management

---

Investment trusts: Kepit sparks off soul-searching

Article Abstract:

The UK investment trust market has expanded leading to speculation abouth rationalization. There have been bids for Kleinwort European Privatization Investment Trust (Kepit) which have received widespread publicity. This has led to a debate on the duration of management contracts and the way that Kepit was marketed. Investors should also ascertain who is on the board of an investment trust. Ideally the chairman should be independent as should a majority of directors.

Management, Mutual funds, Kleinwort European Privatisation Investment Trust

---

Similar abstracts:

• Abstracts: Investment trusts. Investment trusts: discounts may mislead. Reporting and accounting for investment trusts
• Abstracts: The drip-feed factor. The investment trust discount dilemma
• Abstracts: The stock market route to Lloyd's: there is a clear need for the Lloyd's insurance market to settle its problems with aggrieved members. But investment trusts which specialise in the market are not without merit

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.