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Investment trusts see largest ever new issue

QuotedData reports that the investment trust sector expanded by about GBP2.4 billion over the second quarter of 2015, taking in close to GBP2.9 billion and handing back just over GBP450 million.

The firm comments that many of the funds raising money are not designed to throw off high levels of income, suggesting that investors are as attracted by capital growth stories at the moment as high yield investments.

http://www.wealthadviser.co/2015/07/20/227141/investment-trusts-see-largest-ever-new-issue-sector

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