Investment Trusts

Investors Capital Trust plc, the investment trust managed by F&C in Edinburgh, has today announced that it has broken recent records for similar-type investment trust roll-overs.

Gartmore Growth Opportunities (“GGO” or the “Company”) is pleased to announce an offer for subscription of up to 25,000,000 conversion shares (“‘C’ Shares”) (the “Offer”).

Alliance Trust Savings, the financial services company, has successfully completed the administration and management transfer of ISA and PEP plans for over 750 Investec Asset Management customers who are invested in the Temple Bar Investment Trust.

Investors Capital Trust plc ("ICT"), the £324 million investment trust, has today issued a set of innovative roll-over proposals ahead of its impending wind-up on 28 February 2007.

Jeremy Tigue, manager of the giant £2.5 billion Foreign & Colonial Investment Trust PLC, has set out his views on where markets are heading for 2007, as well as the key risks.

Gartmore today announces details of an enhanced offer available to new investors into the company’s investment trust ISA, the Gartmore ISAit, for the duration of the 2007 ISA season.

Following the launch of Real Estate Investment Trusts in the UK this week, F&C has said that the new quoted vehicles will not provide a substitute for some of the benefits of investing in property directly or traditional open ended retail funds.

Alliance Trust, a leading UK investment services provider, has published the results of its third quarter ‘Alliance Trust ISA Ranking’ for 2006.

With some experts predicting that as many as 3.3 million people in the UK will be liable for Inheritance Tax (IHT) by 2009, more and more people are falling into the IHT net.

More parents and grandparents regard Christmas as cynical excuse to encourage shopping than a key Christian festival, says F&C Asset Management.

Barbie Princess Genevieve, Street Gliders and Star Wars Transformers are among the top most wanted children’s toys this Christmas and may cost parents a one-off sum of around £50. Alternatively, popular presents such as Apple’s iPod Shuffle and iPod nano will cost around £55 and £100, respectively. As parents think about Christmas present wish-lists and succumb to “pester power” to buy the latest toys and gadgets, JPMorgan Asset Management (JPMAM), the leading provider of investment trusts, says an alternative gift a child can receive is to be set up financially for a good start in life.

Following a comprehensive review of its trust proposition, Zurich, through its investment brand Sterling, has now launched another new trust to give intermediaries and their customers more choice for inheritance tax (IHT) planning.

Research carried out by Standard Life has revealed that only 17% of individuals have taken advantage of the estate planning benefits of trusts, with 82% still leaving their assets outside this important wrapper.

New Star’s Tri-Star Unit Trust, which offers exposure to commercial property, bonds and UK equities in one fund, is now available via Skandia’s life, pension and fund supermarket fund ranges.

The countdown to Christmas is underway, but whilst children’s savings schemes are unlikely to become this season’s kids must haves, they will certainly be remembered long after all the toys have been put away.