This report highlights the benefits to investment trusts of a high-degree of holdings transparency, and how unreasonable suppression can be misleading for shareholders. It calls on the investment trust industry to improve transparency within its portfolios to create a level playing field.

The latest Morningstar European asset flow data shows a positive start to the second quarter of 2012, with both short- and long-term European funds attracting net inflows. This covers: money market funds; long term funds; equity funds; fixed income funds; alternatives and commodities.