Last year saw investment trusts soar in popularity among both retail investors and wealth managers. Statistics from the AIC show that during 2017, independent financial advisors bought £990m-worth of investment trusts through platforms. That was 46% more than in 2016, and 41% more than the previous record of £704m in 2015. This increased demand has shown itself in the average discount across the investment trust universe, which has narrowed markedly, as shown in the chart below.
15 Aug 2018
The income edge
The income edge
Alliance Trust PLC (ATST:LON), 1,200 | JPMorgan Claverhouse Investment Trust PLC (JCH:LON), 693 | Witan Investment Trust PLC (WTAN:LON), 250
- Published:
15 Aug 2018 -
Author:
William Heathcoat Amory -
Pages:
6
Last year saw investment trusts soar in popularity among both retail investors and wealth managers. Statistics from the AIC show that during 2017, independent financial advisors bought £990m-worth of investment trusts through platforms. That was 46% more than in 2016, and 41% more than the previous record of £704m in 2015. This increased demand has shown itself in the average discount across the investment trust universe, which has narrowed markedly, as shown in the chart below.