An investment trust is a form of collective investment found mostly in the United Kingdom. Investment trusts are closed-end funds and are constituted as public limited companies. The name is somewhat misleading, given that (according to law) an investment “trust” is not in fact a “trust” in the legal sense at all, but a separate legal person or a company. This matters for the fiduciary duties owed by the trustees and the equitable ownership of the fund’s assets.
The Richtopian Vision
- 5 Business Lessons From the "Corporate Scapegoat" Who Lost Five-Billion Euros
- 11 Amazing Examples of Disruptive Technology
- 17 Great Examples of Effective Leadership and Strategy
- Workplace Culture: How to Encourage Collaboration
- What Is Social Marketing? And How Does It Work?
- Great British Pound Notes & People Who've Appeared On Them ...
- 3 Reasons You Should Buy Gold (And 3 Reasons You Shouldn't)
- Analytical Thinking: 8 Natural Talents Leading to Action
- What Do the Super-Rich Spend Their Money On? (Infographic Included)
- Five Fundamental Principles From Adam Grant's "Give and Take" Book
Women in Leadership
Join Our Newsletter
- 3,037,061 all-time readers