We would hesitate to call it a wave of consolidation - maybe a ripple would be more appropriate - but this year has seen a number of mergers among investment trusts.There is a long tail of sub-scale funds and trusts in the UK all desperate to attract more investors, but with the average discount to net asset value hitting 18% at the end of October, according to research from Winterflood Securities

On 5 September, asset manager Abrdn (ABDN) announced that veteran and very successful fund manager Harry Nimmo will retire from the firm and the industry at the end of 2022 after the best part of four decades with the company.The news will have certainly set the nerves of investors in Abrdn UK Smaller Companies Growth Trust (AUSC) and Abrdn UK Smaller Companies (B7FBH94) jangling, given that Nimmo

Experience counts in the asset management industry and in a phenomenal achievement, Peter Spiller (pictured) recently celebrated his 40th anniversary at the helm of wealth preservation specialist Capital Gearing Trust (CGT).The mind boggles when you consider that during his four decades as manager, Spiller has seen seven UK prime ministers elected, countless international conflicts rage and inflat

With 404 investment trusts trading on the UK stock market, investors wanting to put their money into this space are spoiled for choice. The hard part is boiling down the selection to a more manageable number so you can undertake more in-depth research.This article will talk you through some of the ways to filter the market and find the best investment trust(s) for your needs.STAGE ONE: DEFINE YOUR