Advisers have traditionally been put off investment trusts by perceived complexity. In reality, closed-ended funds are no more complex than open-ended, but it is worth examining the ‘tricks of the trade’ and how expert investors in investment trusts manage the quirks of investment trusts, notably discounts, liquidity and governance. Investors will also talk through where they use investment trusts and where open-ended funds might be more appropriate.
Jackie Beard, Morningstar (Moderator)
Julian Cane, F&C Investments
James Moseley, Winterflood Securities
Peter Walls, Unicorn
William Hemmings, Aberdeen Asset Management