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LOAN SURVIVORS Holly Black finds out how trusts will benefit now that the long-term debt taken out in the era of astronomical interest rates has begun to mature P . 2-5 / WHY THE TIGER ECONOMIES ARE POISED TO POUNCE Henderson Far East Income ’ s Mike Kerley says local Asian companies are challenging multinational brands and driving growth P . 6-7 / MULTI-COLOURED ONE-STOP SHOP Sam Shaw looks at the wide variety of multi-manager trusts available in the closed-ended space P . 8-10 / GOING OFF-ROAD Monks Investment Trust ’ s Charles Plowden talks about why the investment case for Fiat Chrysler has little to do with either Fiat or Chrysler P . 12-13 / PROTECT OR SURVIVE ? Whether trusts have a role to play in dampening risk depends on what you mean by “ risk ”, writes Anthony Luzio P . 14-16 / FUND , PENSION , TRUST Baillie Gifford Positive Change , Lindsell Train Global Equity and Allianz Technology Trust find themselves under the spotlight this month P . 18-20 / THE HISTORY BOYS IT Global is home to many trusts that are more than 100 years old – but there is far more to the sector than longevity , writes Adam Lewis P . 22-26 / FLEET OF FOOT SAINTS ’ James Dow highlights three stocks whose capital-light business models should help them deliver long-term earnings growth P . 28 / WHAT I BOUGHT LAST The Share Centre ’ s Sheridan Admans reveals why he is turning to GAM Star MBS Total Return for its diversification properties P . 29