Shetland News - Autonomy Survey - Closing 12 September 2025
Thursday 11 September 2025
 13.9°C   SE Fresh Breeze
Ocean Kinetics - The Engineering Experts

News / Trust earned £11m last year

SHETLAND Charitable Trust earned around £11 million from its investments of £181 million during 2010/11, a meeting of the trust heard on Thursday morning.

Trustees expressed their dissatisfaction with property managers Schroders who did not meet expectations.

The other two fund managers, Black Rock (equity) and Insight Investment Management (bonds), did meet their performance targets. IIM was congratulated on a “very good performance”.

Financial controller Jeff Goddard told trustees that international markets were continuing to recover and reminded them to take a long term view on investments.

He added that the trust had a further £30 million invested in local companies and property. As of last Friday, the trust had a total value of £211.3 million

 

Become a member of Shetland News

Shetland News is asking its readers to consider paying for membership to get additional perks:

  • Removal of third-party ads;
  • Bookmark posts to read later;
  • Exclusive curated weekly newsletter;
  • Hide membership messages;
  • Comments open for discussion.

If you appreciate what we do and feel strongly about impartial local journalism, then please become a member of Shetland News by either making a single payment, or setting up a monthly, quarterly or yearly subscription.

 
Categories

Sign up
for our Newsletters

Stay in the loop with newsletters tailored to your interests. Whether you're looking for daily updates, weekly highlights, or updates on jobs or property, you can choose exactly what you want to receive.

Advertisement 
Advertisement 
Advertisement 

JavaScript Required

We're sorry, but Shetland News isn't fully functional without JavaScript enabled.
Head over to the help page for instructions on how to enable JavaScript on your browser.

Interested in Notifications?

Get notifications from Shetland News for important and breaking news.
You can unsubscribe at any time.

What's next for Shetland?

Is Shetland ready to be handed more powers and if so, what powers could that be and to whom should they be devolved?

We would like to hear directly from you, our readers, to find answers to some of these questions.

Please take a moment to share your views via this short survey.

Closing date 12 September 2025

Have you considered becoming a member of Shetland News?

  • Removal of third-party ads;
  • Bookmark posts to read later;
  • Exclusive curated weekly newsletter;
  • Hide membership messages;
  • Comments open for discussion.