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Investment trusts disappoint in Q1 amid lack of demand

The investment trust sector has not been immune to this year’s market volatility as it underperformed in the first quarter of 2016 amid a weakening of demand. The FTSE Equity Investment Instruments Index was down 2.2 per cent in the three months to the end of March on a total return basis, compared with a […]

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HSBC to roll out simplified advice to investors with £15k

HSBC’s new face-to-face simplified advice service will be extended to people with savings as low as £15,000. The bank’s offering, due to launch this week, will start by targeting people with £50,000 but will eventually be aimed at those with just £15,000, the Financial Times reports. HSBC head of UK wealth Caroline Connellan says: “Full […]

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