trustee investments Investments in which trustees are authorized to invest trust property. In the UK the Trustees Investment Act 1961 regulates the investments of trust property that may be made by trustees. The Act applies unless excluded by a trust deed executed after the Act was passed. Half of the trust fund must be invested in narrow-range securities, largely specified in fixed-interest investments. The other half may be invested in wider-range securities, most importantly ordinary shares in companies quoted on the London Stock Exchange. In some cases, trustees must take advice before investing. The Act considerably enlarged the range of trustee investments.
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