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Gervais Williams is unarguably a stalwart of the investment trust landscape. Since he began his career over 30 years ago as a trainee at Throgmorton, he has worked on investment trusts – and as a result his knowledge of the structure is nigh on unrivalled in the industry.
As he says, “I learnt all about the advantages of investment trusts from the very start”.
The extent of Gervais’ fondness for the trust structure was thrown into stark relief when he moved to Miton in 2010 - “the very first thing I did when I joined Miton was set up an investment trust, the Diverse Income Trust, before setting up any open-ended funds.”
Despite Gervais’ advocacy, the death knell for investment trusts has been sounded by the industry many times over in the last couple of decades. Yet, trusts have survived – and, at times, thrived during that period. The current flourishing of trust buying among retail investors is one such phenomenon.
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