Investment trusts: what does the future hold for the fund?

This year has been significant for the investment trust sector, which started 2024 in turmoil due to wide discounts to NAV and cost-disclosure rules. Despite advantages like holding illiquid assets, investment trusts continue to face challenges from actively managed and passive funds. Recent reforms in cost-disclosure rules have led to trust mergers, with smaller trusts struggling to survive as consolidation continues in the sector.

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