Published by Alexander Bueso on 7th April 2024
(Sharecast News) - Some of London's biggest investment trusts are looking at the possibility of moving to Switzerland in order to dodge rules that make them overstate how much they charge clients. Under leftover EU rules, UK-listed investment trusts disclose charges that are far higher than what investors pay in reality. The news follows enormous drops in value since 2022, when the rules came into effect, according to data from AJ Bell. - Financial Mail on Sunday