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

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

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Godfrey stated that the fund’s investment return target would be 5% plus the rate of CPI inflation over a rolling seven-year period.

He said the target included the caveat that there are “headwinds and tailwinds outside our control that can impact on that outcome.”

He added that equities and social-impact loans would be the initial investments, while unlisted companies, property development and infrastructure investments may be made later on.

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