Majedie Investments achieved strong performance over the last six months, after switching up its investment manager and policy.
In November 2022, the trust underwent an "extensive review", which saw it adopt a new investment policy, directed by Marylebone Partners, which was appointed to the trust at the time. Majedie Investment trust appoints new manager In today's (26 May) results, CEO William Barlow argued the tenure of the new managers had already been successful. "[It is] encouraging that the discount to net asset value of the company has narrowed, especially as many peers' discounts have widened," he said. He added there had been a "higher turnover" in the company's shares and "several new investor...
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