Scottish Investment Trust manager abruptly retires after 21 years


#1

John Kennedy left the company last week after 21 years, including 10 as manager, of the £826 million Global focused fund, to be replaced by his deputy
[See the full post at: Scottish Investment Trust manager abruptly retires after 21 years]


#2

That’s really strange. I have a holding in this trust and I rather like it. It might not have been the best performing trust in its sector but the important thing for me and no doubt other investors is it is a lot less risky than some, cautious even.

It has under performed a little because it has so much cash on its uninvested. I like the fact that its cautious with my money, and don’t forget it’s still delivered way more than I could get from being in cash myself.

It’s disturbing and I hope you can find out more Which Investment please.


#3

The performance is pretty solid, so it’s sad to see him go. How old is he? Is he really retiring or moving on somewhere else?