investment trust

JP Morgan becomes latest fund manager to offer direct investors an exit

JP Morgan Asset Management has joined the growing number of fund managers moving to offer a new home for holdings invested directly with them.

The firm is giving its 33,000 direct fund investors – those who invest in its open-ended funds – the option to transfer to Hargreaves Lansdown. No transfer charges will be levied.

Your Fund Choices 2019: how to order

Your Fund Choices 2019 provides comprehensive analysis on 201 actively managed Rated Funds and Investment Trusts selected by the Money Observer team of experts, as well as 66 passive choices. Every one has been rigorously reassessed to make sure that it still earns its place on the Money Observer Rated Funds shortlist.

Baillie Gifford cuts fees on four investment trusts

Baillie Gifford has cut management fees on four of its investment trusts: Edinburgh Worldwide Investment, Pacific Horizon, Baillie Gifford Japan Trust and Baillie Gifford Shin Nippon.

The fee reductions have been made following a rise in assets under management for each trust, leading Baillie Gifford to pass on economies of scale to investors by lowering fees.

Saving for children campaign launched: five £1,000 prizes up for grabs

The Association of Investment Companies (AIC) is running an educational programme on saving for children in the run-up to Christmas. As part of the campaign the AIC will provide parents with animated videos, guides and a jargon buster.

It has also launched a competition to promote the benefits of saving for children with investment companies. Five prizes of £1,000 to invest in investment companies are available to be won.