Summary
IT has been a difficult year for Personal Assets investment trust. The trust, run first to protect investors' capital and second to generate returns, has been hit by the turmoil in stock markets, though its one-year losses of just over 13 per cent are still only half those of many of its peers.
But more traumatically, it has had to cope with the loss of its talismanic fund manager Ian Rushbrook, who ran the trust with aplomb for 18 years until his death last October.See the full content of this document
Extract
Troy Takes On Personal Assets ; Fund Focus
Life for the trust and its 5,000 shareholders post-Rushbrook began in earnest last week when Troy Asset Management...
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