Alternative assets have dominated investment trust fundraising in 2015. A significant portion of the record net £3.9bn raised since the start of the year to 14 September was allocated to higher-yielding vehicles in areas including specialist debt and infrastructure, according to the AIC.
Big new issues this year include UK Mortgages from TwentyFour Asset Management (£250m), private equity investment company, Apax Global Alpha (£218m) and Sequoia Economic Infrastructure (£150m). Meanwhile, trusts investing in peer-to-peer lending proved popular. P2P Global Investments has raised £650m through two C share issues this year and the new issue, while VPC Speciality Lending Investments raised £200m in March and is currently raising more money. Revealed: The 18 highest yielding investment trusts Even though a number of equity trusts continue to yield in excess of 4%, inves...
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