How Investment Trusts are Innovating for Profit

ASK THE EXPERT: Investment trust boards are very good at listening to their shareholders and they’re not afraid to ask them exactly what they want

Jackie Beard, FCSI 3 June, 2014 | 12:27AM

Investment trusts may be old in structure, but it doesn’t mean they’re resistant to change. One of their key positives is their ability to innovate and change to retain their relevance for today’s investors. We’ve seen a handful of funds do this recently, in different ways, and it proves the value and experience that an independent board of directors can add.

There’s no fear of change among investment trust boards

Investment trust boards are very good at listening to their shareholders and they’re not afraid to ask them exactly what they want. No matter if it doesn’t fit with an asset management firm’s fund line-up, or that it’s not part of that firm’s long-term strategic planning.  For them there’s always an alternative and if necessary a new manager can be brought in.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Aberdeen Diversified Income & Growth Ord91.40 GBX-0.65
Aberdeen Japan Ord637.50 GBX-0.78
Alliance Trust Ord791.00 GBX-0.38
Hansa Trust Ord160.00 GBX0.31

About Author

Jackie Beard, FCSI

Jackie Beard, FCSI  is Director of Manager Research Services, Morningstar EMEA

Audience Confirmation

By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies