Investment Trust Sales Hit Record High

NEWS YOU CAN USE: This month, Neil Woodford apologises, Nick Train makes his first new stock purchase in 2 years and M&G revamps a superfund

Emma Simon 28 September, 2017 | 12:12AM
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It’s been a busy month in the fund management sector: with fund launches, fund manager departures, news of a trust wind-up, plus a revamp of a mega M&G fund.

Star fund managers were also in the news this month, with Neil Woodford apologising to investors, and Nick Train – manager of Finsbury Growth & Income Trust (FGT) – revealing his first new purchase for two years.

And despite the political headwinds, investors appear to remain upbeat, with news that sales of investment trusts reached an all-time high.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
City of London Ord387.01 GBP0.39Rating
EdenTree Responsible and Sust Stlg Bd B115.70 GBP0.09Rating
Finsbury Growth & Income Ord880.00 GBP0.00Rating
LF Equity Income C Sterling Acc3.44 GBP0.00
M&G Global Themes GBP I Acc2,487.79 GBP0.92Rating
Schroder UK Public Private Trust Ord34.48 GBP-0.07Rating
Scottish Mortgage Ord1,437.59 GBP0.78Rating
Witan Ord247.53 GBP1.03Rating

About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for