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Now is not the time to jump ship at Rothschild investment trust

It’s all change at RIT Capital Partners, the listed investment vehicle of the Rothschild family and one of the most popular investment trusts in London

The Times

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Narrated by Patrick Hosking

It’s all change at RIT Capital Partners, the listed investment vehicle of the Rothschild family and one of the most popular investment trusts in London. First, Ron Tabbouche, the chief investment officer of the RIT-owned fund manager that runs the portfolio, left in November; now, Francesco Goedhuis, the chief executive, is going, because of a family illness.

The new broom is Maggie Fanari, at present the head of high-conviction investments at the Ontario Teachers Pension Plan. Well, not that much of a new broom. She has sat on the RIT board as a non-executive director for the past four years. She arrives as a full-timer in March.

The Ontario Teachers Pension Plan has been a consistently successful institutional investor over decades, though still quite capable