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(p. 387) 12. Investment 

(p. 387) 12. Investment
Chapter:
(p. 387) 12. Investment
Author(s):

Gary Watt

DOI:
10.1093/he/9780198737650.003.0012
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date: 17 October 2019

Titles in the Casebook on series provide readers with a comprehensive selection of case law extracts for their studies. Extracts have been chosen from a wide range of historical and contemporary cases to illustrate the reasoning processes of the courts and to show how legal principles are developed. This chapter contrasts trustees’ very wide power to invest in any type of investment they choose with their duty to choose particular investments prudently; discusses how the prudence of trustee investments cannot be assessed by viewing individual investments in isolation but only by assessing the portfolio as a whole; and identifies the scope of the trustees’ duty to invest the fund so as to achieve fairness between beneficiaries with competing interests in the fund.

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