Rising interest rates since the turn of the year, runaway inflation and Russia's shocking invasion of Ukraine have shaken the investment kaleidoscope in 2022 and forced many investors to reposition portfolios for an increasingly uncertain world.This is reflected in developments in the investment trusts universe, which has thrown up some obvious and more surprising winners in the opening months of

The performance of the top Europe (ex-UK) funds is proof that the European equity market offers a multitude of opportunities for active investors to acquire overlooked and undervalued growth companies.The BlackRock Greater Europe Investment Trust (BRGE) is a £676 million fund with two co-managers. Stefan Gries covers developed European markets (90% of the portfolio); and Sam Vecht covers emerging

On the face of it, the share price of Baillie Gifford European Growth (BGEU) plunged a whopping 90% this week, but investors shouldn't be alarmed as the investment trust has actually completed a 10-for-1 stock split.A stock split is where a company divides its existing stock into multiple shares, in this case 10-for-1, so investors in the Baillie Gifford trust have received 10 new shares for every

Fund manager Mark Barnett has been removed from investment trust Perpetual Income and Growth (PLI). His strategy, picking under-priced stocks seemingly trading at less than their intrinsic value, has been out of favour for years, and the board at PLI cited prolonged underperformance in their decision to sack Barnett and his employer, Invesco.It comes after issues for fellow value investor Alastair