Update: Godfrey raises £50,000 for The People's Trust in first week

Targeting £100,000 to help back trust launch

clock • 2 min read

Daniel Godfrey has already raised half of his original £100,000 target to help back the development of his new initiative - closed-ended vehicle The People's Trust - ahead of its proposed IPO next year.

Last week, Godfrey announced he is searching for investor funding of £100,000 to back his new vehicle, and has already managed to attract some £50,000 just a week after embarking on the campaign. The former chief executive of the Investment Association (pictured) announced plans to launch a new investment trust, which will be "dedicated to the interests of its customers, to the long-term future of the companies it invests in and to its impact on the economy and society," earlier this year. He is now seeking 'founders' to provide funding towards a £100,000 target to help get the trust ...

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