All Change at Alliance Trust

News You Can Use: Changes are afoot at two of the UK’s biggest investment trusts, and new fund launches are announced ahead of the 2017 ISA season

Emma Simon 22 December, 2016 | 1:31PM
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It has been a busy month in the investment industry at the end of a year which has been characterised by political and economic upheaval.

The fall out from both Brexit and the US presidential elections could be seen in economic data released this month. In the US interest rates were raised while closer to home, inflation hit a two-year high.

But while the political changes we’ve seen this year have created unexpected challenges for the investment industry – they have also present opportunities. Many are clearly keen to make the most of these. This month we’ve seen major changes at some of the UK’s biggest investment trusts, and a raft of new fund launches announced for the new year.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Alliance Trust Ord1,004.00 GBP0.00Rating
Witan Ord241.50 GBP0.00Rating

About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for Morningstar.co.uk