Rockwood trust announces investment advisory team

Adam Parker appointed

Kathleen Gallagher
clock • 1 min read

Rockwood Strategic trust has announced a new investment advisory team, which collectively have over 150 years experience.

The trust, which has also announced its name change from Rockwood Realisation, received 95% of the shareholder vote last month (26 April) to overturn its wind-up strategy and alter its investment philosophy. The latest stock exchange announcement reveals that manager Richard Staveley will be supported by a five-strong investment advisory group, which will "de-risk investments" and "improve insight" for the manager, Staveley said in a call with Investment Week. Janus Henderson Property fund finds buyer and begins termination Included in the group is: Adam Parker, the co-founder of M...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Although the sector closed the year in positive territory, investment trust performance was 'well behind' US and global equity market indices.

Investment trusts close 2023 with 4.6% performance boost

Numis research

Cristian Angeloni
clock 03 January 2024 • 3 min read
Charlotte Cuthbertson (pictured), fund manager at Asset Value Investors and co-manager of MIGO Opportunities trust

AVI's Charlotte Cuthbertson: The resilient reinvention of investment trusts

Autumn of 2023 'golden period' for ITs

Charlotte Cuthbertson
clock 21 December 2023 • 5 min read
The total debt for the company stood at $674m as of 31 September, which represented 32.0% of operative NAV.

Hipgnosis narrowly avoids share suspension with publication of interim results

Continued tension with investment adviser

Eve Maddock-Jones
clock 21 December 2023 • 3 min read
Trustpilot