One of the key attractions of closed-ended funds is – in our biased view – the role of the board. Investment trust boards wield the power to overhaul the investment strategy, hire and fire investment managers, and negotiate commercial terms with these managers. It is fair to say the environment for active managers is becoming more competitive, with the rise of passive funds, of actively managed/specialist ETFs and easier access to open-ended funds via online platforms. This week's announcement o ....
19 Oct 2021
Board games
Alliance Trust PLC (ATST:LON), 1,200 | Martin Currie Global Portfolio Trust PLC GBP (MNP:LON), 0 | JPMorgan Japan Small Cap Growth & Income PLC GBP (JSGI:LON), 303 | JPMorgan Japan Small Cap Growth & Income PLC GBP (JSGI:LON), 303 | Keystone Positive Change Investment Trust plc GBP (KPC:LON), 0 | Baillie Gifford European Growth Trust PLC GBP (BGEU:LON), 0
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Board games
Alliance Trust PLC (ATST:LON), 1,200 | Martin Currie Global Portfolio Trust PLC GBP (MNP:LON), 0 | JPMorgan Japan Small Cap Growth & Income PLC GBP (JSGI:LON), 303 | JPMorgan Japan Small Cap Growth & Income PLC GBP (JSGI:LON), 303 | Keystone Positive Change Investment Trust plc GBP (KPC:LON), 0 | Baillie Gifford European Growth Trust PLC GBP (BGEU:LON), 0
- Published:
19 Oct 2021 -
Author:
John Dowie -
Pages:
6
One of the key attractions of closed-ended funds is – in our biased view – the role of the board. Investment trust boards wield the power to overhaul the investment strategy, hire and fire investment managers, and negotiate commercial terms with these managers. It is fair to say the environment for active managers is becoming more competitive, with the rise of passive funds, of actively managed/specialist ETFs and easier access to open-ended funds via online platforms. This week's announcement o ....