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RIT top again for Alliance Trust’s Isa investors

Alliance Trust Savings has revealed the top 20 investment trusts used by its investors for Isa saving for 2007/08.

The favourite was RIT Capital Partners for the second consecutive year. ATS says the most popular picks appear to be non-benchmark-constrained trusts with strong track records but it notes that selections varied between quarters depending on market conditions.

Managing director of distribution Kelly O’Donnell says: “Over the year, we saw a few old favourites slipping out of the top 20 with some new choices appearing for the first time. However since the stockmarket’s downturn, we have seen investors return to what are deemed to be the more stable choices.

“The movement that we have seen highlights investors’ willingness to switch investments in reaction to changing market conditions or their personal circumstances.”

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