Keystone Positive Change: Profit And Purpose
Baillie Gifford’s newest investment trust, Keystone Positive Change, got off to a volatile start earlier this year but its managers have their eyes fixed firmly on the long term.
Baillie Gifford’s newest investment trust, Keystone Positive Change, got off to a volatile start earlier this year but its managers have their eyes fixed firmly on the long term.
Acorn Income Fund, one of my UK smaller company trusts, could be set for a major shake-up later this year after its directors announced a strategic review.
Possibly the hardest decision the directors of an investment trust have to make is when to change management firm.
Infamy, infamy, they’ve all got it in for me! In the last couple of months, the managers heading up three of my investment trusts have all decided to retire. The latest to desert me is Mike Prentis at BlackRock Smaller Companies. What a carry on!
BlackRock Smaller Companies: Small-Cap Star Prentis Retires
One thing that stirs me from my slumber when it comes to my investment trust portfolio is when there is a change of manager. It doesn’t happen very often, and it typically doesn’t require evasive action, but it does mean that I tend to watch events a little more closely.JPMorgan Global Growth & Income: The Dreaded Manager Change
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