Investment Week Trust News

Terry Smith's Smithson trust beats Woodford record with £822m fundraise

Terry Smith's Smithson trust beats Woodford record with £822m fundraise

Smithson investment trust, the new global small- and mid-cap trust run by Terry Smith's Fundsmith, has smashed initial fundraising targets and looks set for the largest ever UK-listed trust launch after Neil Woodford's Patient Capital trust in 2015.

Are narrowing small-cap discounts a signal to sell?

Are narrowing small-cap discounts a signal to sell?

Trust analysts have argued there is still value to be found in the IT UK Smaller Companies sector despite recent gains, with some well-known strategies trading on high single- or low double-digit discounts.

Traditional equity trusts enjoy resurgence in 2018 but alternatives retain their allure

Traditional equity trusts enjoy resurgence in 2018 but alternatives retain their allure

The investment trust sector is on track to see the largest number of IPOs for strategies investing in traditional listed equities since 2007, in what could be a bumper year for the industry.

Janus Henderson's Tim Stevenson to retire after 35 years in industry

Janus Henderson's Tim Stevenson to retire after 35 years in industry

Tim Stevenson, director of European equities at Janus Henderson and co-manager of its €1.4bn Horizon Pan European Equity fund and £230m Euro Trust, will retire in 2019.

Useful Links

The AIC - Association of Investment Companies

FE Trustnet News

The biggest threat to the European recovery

JP Morgan Asset Management’s Karen Ward highlights the issues that could make the European recovery teeter.

Debunking the biggest myths about passives: FE Trustnet Magazine is out now!

The latest issue of FE Trustnet Magazine, out today, focuses on all aspects of passive investing.

Greetham: You have 6-9 months to get your house in order

Multi-asset strategist Trevor Greetham says that a recession is now looking like a credible risk for markets, although the latest sell-off is likely to reverse.