'Skin in the game' in investment trusts increases nearly threefold in five years

Five years ago, this figure stood at £687m but has now shot up to £1.68bn as more chairmen, directors and managers have started to put their money where their mouth is. In the report Skin in the game - just the facts, the analysts see this as a positive development, as it emphasises a board's and/or manager's commitment to its trust. Canaccord said: "While no guarantee of superior performance, in order to align interests, investors look for directors and managers to have a meaningful personal investment in the companies which they direct and/or manage. "This is the unequivocal view...