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Investment Trusts

British Assets Trust beats benchmark in last quarter of 2009

British Assets Trust has outperformed its benchmark in the three months to 31 December 2009, posting a net asset value total return of 5.4% compared with the 4.9% return from a composite of 75% FTSE All-Share Index and 25% FTSE World ex UK Index.

Resurgence of interest in VCTs expected

With the end of tax year approaching, commentators are predicting a bumper year for VCTs in light of the forthcoming increase in the top rate of income tax, as well as the reduction in pensions tax relief for higher earners.

F&C Managed Portfolio Trust outstrips wider trust sector

Half-yearly financial results posted by F&C Managed Portfolio Trust on Monday saw the investment trust of investment trusts beat the average return from the trust sector, with a return of 17.9% on the Income Shares and 15.7% on the Growth Shares.

Property trusts post strong NAV gains for fourth quarter

Tuesday saw the announcement of net asset values by ISIS Property Trust Ltd and IRP Property Investments Ltd.

Investors’ reactions to Copenhagen

Almost half of investors in a recent survey said they thought December's landmark climate change conference in Copenhagen would have no effect either on the environment or on stockmarkets.

A decade is a long time in investment, points out Tigue

As we enter a new decade, the one thing we can be certain of is that no-one can really tell what it will hold for investors.

SWIP 2010 market predictions

In the second half of 2009, equities and corporate bonds made some prolific gains as investors bet on a return to economic growth. Everyone hopes 2010 will bring confirmation of this recovery.

Trustee PensionsConnection launched

The National Association of Pension Funds (NAPF) has launched Trustee PensionsConnection, a new service specifically designed to help pension scheme trustees meet the demands of running their scheme on behalf of millions of people saving for retirement.

F&C Private Equity Trust completes £30m zeros placing

F&C Private Equity Trust has announced the successful completion of its £30m zero dividend preference share issue. The zeros have been issued with a five-year life and a gross redemption yield (GRY) of 8.75%.

SWIP to manage Trade Union Trusts

SWIP has been appointed by the Board of TU Fund Managers Ltd to manage its key flagship funds, the TU British and TU European Unit Trusts.

SWIP Property Trust purchases £260m portfolio from Aviva

SWIP Property Trust (SWIPPT) has concluded the purchase of a 12-property portfolio from Aviva Investors for circa £260 million, showing a net yield in the region of 7%.

Short-term warning on Asia, but fundamentals remain intact

After impressive gains year-to-date investors in Asia Pacific markets should be mindful of the risk of a near-term pull back, according to Peter Dalgliesh, manager of the F&C-managed Pacific Assets Trust.

Will Darling pull a rabbit or a rat out of his hat?

Next week's pre-Budget Report takes place against the backdrop of spiralling public debt and a fast-approaching General Election, prompting fears that Chancellor Alistair Darling may be set to further squeeze high earners until their pips squeak.

UK small caps have more to go, says JPMorgan Small Cap manager

The manager of the JPMorgan Smaller Companies Investment Trust, Georgina Brittain, has said she is still finding excellent value in UK small caps despite the recent rally.

Alliance Trust wins Low-Cost SIPP Provider of the Year Award

Alliance Trust Savings, a subsidiary of Alliance Trust PLC, is delighted to announce that it has been awarded the Low-Cost SIPP Provider of the Year Award at the Financial Times and Investors Chronicle Investment Awards 2009.