Investment companies fight for recognition

This year, our guests may have reflected on the recent changes to pension rules, which have given a significant boost to income vehicles, or perhaps the growth of investment trust sales through D2C platforms. They may also have considered how the winners of our 16th Investment Company Awards exemplify the benefits to investors of holding investment companies in their portfolios. These include much needed diversification, as open-ended investments become ever more concentrated at the fund and underlying stock level. For example, the UK Smaller Companies category was won by Strategic...