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investment trust
(redirected from Split capital investment trust)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

investment trust

Public company that makes investments in other companies on behalf of its shareholders. It may issue shares to raise capital and issue fixed-interest securities.



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INVESTMENT group Aberdeen Asset Management are in the red after paying out pounds 50million to disgruntled clients over losses in the split capital investment trusts collapse six years ago.
Byline: Nicky Burridge THE City watchdog yesterday said it had extended its investigation into allegations of collusion between split capital investment trusts to cover 21 different firms.
I AM pleased to say that a unit trust is a very different type of investment from a split capital investment trust and you are not in this category.
 
 
 
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