Daniel Godfrey to unveil manager line up for People’s Trust next week

Added 19th May 2017

Former Investment Association chief Daniel Godfrey is set to unveil the full line-up of managers who will run his new investment trust, The People’s Trust, next week.

Daniel Godfrey to unveil manager line up for People’s Trust next week

Godfrey told Portfolio Adviser the trust's line-up would consist of 4-8 investment managers, which was in line with his original target.

He also denied suggestions that his investment trust's launch had been delayed, saying his initial plan was for launch in the first half of 2017, not the first quarter as widely reported.

The founder said that after he met his £100,000 target to fundraise the trust launch in January he then said the period would be extended to after the Summer holidays.

He is now planning to launch by October.

Godfrey said the investment managers to be named next week would share his vision of making the investment process more accessible and concentrated on “sustainable value creation” over the long-term.

Three investment managers have already been named as managers on Godfrey’s venture – First State Investments, Orbis Investments and, most recently, Big Issue Invest, the investment arm of the magazine combating poverty and homelessness in the UK.

Willis Towers Watson has also been signed on as an investment adviser, according to the trust's website. 

The Trust has a clear purpose, according to Godfrey, to generate better returns for investors and produce a better impact on society.

In this way, Godfrey bills the People’s Trust as an antidote to the short-termism of the financial services industry, which, has in his view, wrongly prioritised beating the benchmark above delivering long-term value for clients.

Kames Income Hub

home_research_centre

Vincent McEntegart, manager of the Kames Diversified Monthly Income Fund, explains how he aims to deliver a stable and sustainable income of 5% p.a.*, paid monthly, by investing in a range of asset classes

Square Mile Research

AXA Distribution Fund
AXA Distribution Fund

Talking Factsheets is a video service for users...

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

Profiles

Viewpoint

Investment Strategy

Feature

Tweets

Events

PA UK Equity 2017
PA UK Equity 2017

Thursday 15 June
Radisson Blu Edwardian Bloomsbury Street Hotel

PA Investment Trusts 2017
PA Investment Trusts 2017

Tuesday 20 June
Furniture Makers' Hall

PA Income 2017
PA Income 2017

Tuesday 4 July
Radisson Blu Edwardian Bloomsbury Street Hotel 

PA Edinburgh 2017
PA Edinburgh 2017

Thursday 7 September
Balmoral Hotel

OTHER STORIES FROM LAST WORD...