AIC
AIC calls on UK Treasury to include VCTs in cost disclosure exemption
FCA statement issued on 19 September indicated that all regulated closed-ended funds would be exempted
Investment | 19 Sep 24
Temporary suspension of cost disclosure rules is ‘breakthrough’ for investment trusts
The change in stance follows statements from the UK Treasury and FCA
Private investors and wealth managers becoming keener on investment trusts again
216 investors quizzed for the annual UK Investment Trust Study.
VCT investments drop to £506m but hold up better than wider industry
Large fall from the £705m recorded in 2022
Calls for judicial review into FCA as investment trust sector faces extinction
Cost disclosure regulation has been called ‘illegal and irrational’ amid an ’emergency situation’ for investment companies