Jefferies has been named corporate broker to two major London-listed investment trusts, including one that entered the FTSE 100 last month.

The US-based investment bank, which acquired UK broker Hoare Govett from Royal Bank of Scotland in 2012, has been appointed joint corporate broker to the £4.9 billion Scottish Mortgage Investment Trust — the largest investment trust listed on the London Stock Exchange — and sole corporate broker to FTSE 250 British Empire Trust, according to statements today.