Less than one-fifth of smaller investment trusts trading on a premium
The figures show that just 18% of the 159 companies that have a market cap of less than £250m are trading on a premium, compared to 41% of the 187 companies that are £250m or larger.
Laith Khalaf, financial analyst at AJ Bell, explained: "There will be a premium put on some investment trusts because of their size and therefore their liquidity.
"Large discretionary managers will potentially need to add any selected trusts across a range of client portfolios, which means potentially large flows
Laith Khalaf, financial analyst at AJ Bell, explained: "There will be a premium put on some investment trusts because of their size and therefore their liquidity.
"Large discretionary managers will potentially need to add any selected trusts across a range of client portfolios, which means potentially large flows
