Investment trusts face survival challenge

Research published by online investment platform, interactive investor, has found that in the last 15 years, survival rates of some investment trusts have been as low as 33 per cent.

The research, which used data from the Association of Investment Companies (AIC) found that over half of investment trusts launched in 2004 are not around today and of those launched in 2006, only 29 per cent are still in existence.