'Skin in the game' in investment trusts increases nearly threefold in five years

Report by Canaccord Genuity

The total investment by boards and managers into the trusts for which they are responsible has almost trebled since 2012, according to a report by investment company analysts Canaccord Genuity.

Five years ago, this figure stood at £687m but has now shot up to £1.68bn as more chairmen, directors and managers have started to put their money where their mouth is. In the report Skin in the game - just the facts, the analysts see this as a positive development, as it emphasises a board's and/or manager's commitment to its trust. Canaccord said: "While no guarantee of superior performance, in order to align interests, investors look for directors and managers to have a meaningful personal investment in the companies which they direct and/or manage. "This is the unequivocal view...