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Complete Equity and TrustsText, Cases, and Materials

Complete Equity and Trusts: Text, Cases, and Materials (5th edn)

Richard Clements and Ademola Abass
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date: 18 July 2024

p. 27210. The duties of trustees: with special reference to investmentlocked

p. 27210. The duties of trustees: with special reference to investmentlocked

  • Richard ClementsRichard ClementsLeader of International Partnerships (Law) at the, University of the West of England, Bristol
  •  and Ademola AbassAdemola AbassHead of the African Centre for Peace and Security Training, Institute for Security Studies, Addis Ababa

Abstract

Titles in the Complete series combine extracts from a wide range of primary materials with clear explanatory text to provide readers with a complete introductory resource. Trustees have a duty to invest the trust funds to provide an income for the beneficiaries and to maintain or, indeed, increase the value of the trust. This chapter discusses the meaning of investment; the Trustee Act 2000; the duty of reasonable care and skill; investment advice and selection; the acquisition of land; the liability of trustees; exclusion of liability, ethical investment; delegation of the investment function to agents; and information for and the giving of reasons to the beneficiaries.

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