The Big Theme 

Surviving the investment trust shake-up

Surviving the investment trust shake-up

A 'Darwinian' process of corporate action and shareholder scrutiny has long prevented the UK’s investment trust universe from getting bloated. The sector consisted of just 395 closed-ended funds at the end of June, according to Association of Investment Companies (AIC) data. By contrast, UK investors have thousands of open-ended funds to choose from.

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