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Govett investment trust raises £113m

The Govett Enhanced Income Investment Trust sponsored by Williams de Broe raised £113m at closure.


Chief executive Kevin Pakenham says: &#34Properly constructed and managed split capital investment trusts are ideal vehicles for investors seeking income.&#34

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A&L says 750,000 could switch bank accounts this year

Nearly three quarters of a million people will switch banks in 1999 according to Alliance & Leicester commissioned research.The lender suggests that there will be a move away from traditional high street players towards direct telephone operations.The survey, conducted by market research organisation NOP, shows that 4 million people have switched their main current account […]

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