
Why investment trusts are perfect for private investors, with Janus Henderson's James de Sausmarez
This week it's investment trusts - a historic fund structure with roots in the private investor from the 19th century. We speak to James de Sausmarez, Director and Head of Investment Trusts at Janus Henderson Investors, a global investment firm, as he takes us through nearly 150 years of history: beginning in 1867 with the first trust launch, designed for the investor with 'modest means' - perhaps not the rich as you would expect - and discussing how they evolved, became less popular as open-ended 'funds' emerged with commission charging, and then rose again to become relevant today.
The Steps to Investing Podcast
Marcus de Silva and Simon Longfellow help you get to grips with the world of investing through their nearly 30 years of combined experience in the City, interviewing expert investors, economists, advisers, and financial entrepreneurs, and reviewing the latest and greatest investment products and services.
FREE, 7-day quick-course - teaching you all the basics to get started with investing - available at stepstoinvesting.com