Establishing or even reconstructing a trust portfolio under the guidance of the Trustee Act 2000 is going to be more challenging in future years.
A recent article in the financial pages of The Sunday Times highlighted an aspect that we at Blyth-Richmond Investment Managers have been addressing for some time. The article suggested that British Government stocks could fall by as much as 25% over the next five years. These, of course, have always been the preferred route to providing the “narrow range” portion of a trust portfolio.
What is the solution to this dilemma?
There are a number of routes, but these require specialist knowledge and a willingness to break away from the norm. Trustees will have to take a proactive view of the alternatives available. We are now in the process of reconstructing trust portfolios for our professional connections.