Executive Interview - The Brunner Investment Trust

26 July 2016

The Brunner Investment Trust (LSE: BUT) was created in 1927, initially to manage the wealth of the Brunner family, one of the founding families of industrial giant ICI. It invests in UK and overseas equities and is managed by Lucy Macdonald at Allianz Global Investors. Its aim is to achieve long-term growth in capital and income. Dividends are paid quarterly and have risen year-on-year for 43 years. Over recent years the portfolio has become more concentrated, with c 80-85 stocks rather than 100+, and the focus on the UK has been reduced, a move reflected in the change in benchmark in 2008 from 60% UK/40% World ex-UK to a 50/50 split. The UK weighting has continued to fall and the board is exploring whether a new benchmark split would be more appropriate. MORE »

19 April 2016

Interview with the portfolio manager, Jeremy Thomas, of the Brunner Investment Trust - coming soon! MORE »

11 February 2016

The Brunner Investment Trust (LSE.BUT) was created in 1927, initially to manage the wealth of the Brunner family, one of the founding families of industrial giant ICI. It invests in UK and overseas equities and is managed by Lucy Macdonald and Jeremy Thomas at Allianz Global Investors. Its aim is to achieve long-term growth in capital and income. Dividends are paid quarterly and have risen year-on-year for 43 years. Over recent years the portfolio has become more concentrated, with c 80-90 stocks rather than 100+ and the focus on the UK has been reduced, a move reflected in the change in benchmark in 2008 from 60% UK/40% world ex-UK to a 50/50 split. The UK weighting – currently just under 40% – could fall further over time as the managers seek to diversify. MORE »