REG - Bankers Investment - Company Update

Bankers Investment TrustAnnouncement

03/09/2025 07:00

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RNS Number : 7284X  Bankers Investment Trust PLC  03 September 2025

THE BANKERS INVESTMENT TRUST PLC

 

JANUS HENDERSON FUND MANAGEMENT UK LIMITED

 

LEGAL ENTITY IDENTIFIER: 213800B9YWXL3X1VMZ69

 

3 September 2025

 

THE BANKERS INVESTMENT TRUST PLC

("the Company")

 

Company Update

The Board of The Bankers Investment Trust PLC is pleased to announce that
Richard Clode has been appointed Co-Fund Manager of the Company's portfolio
alongside Alex Crooke with effect from today, 3 September 2025.

Richard will also assume management of the Company's North American portfolio
from 31 October 2025.

Richard joined Janus Henderson as a Portfolio Manager in 2014. He has 22
years' investment experience and a proven track record of performance. The
Global Technology Leaders fund, which he co-manages, has been top quartile
over 1, 3 and 5 years under his tenure, returning more than 500% 1  (#_ftn1)
over the last decade. Richard started his career at Herald Investment Trust
where he was a Portfolio Manager, and later held roles at Gartmore, Moore
Capital and Pioneer Investments.

Following a two-month handover period, Richard will take over portfolio
management of the Company's North American sleeve, where his significant
experience investing in technology will be particularly valuable, given the
dominance of tech in driving growth across the US market.

Technological advancements continue to create opportunities beyond the tech
sector, particularly as we enter a period of accelerated AI disruption which
will impact a broad range of industries on a global scale, ranging from
transportation to manufacturing. Richard's comprehensive understanding of this
landscape will be hugely valuable in identifying those opportunities across
global equity markets in the years ahead.

Simon Miller, Chair of The Bankers Investment Trust PLC, said: "The Board
welcomes Richard in his new role as Co-Fund Manager, to which he brings many
years of experience and a proven track record of performance. The Board look
forward to working closely with both Richard and Alex, whose combined
expertise will be of great value to the Company and its shareholders."

Alex Crooke, Co-Fund Manager of The Bankers Investment Trust PLC, said:
"Having worked closely with Richard for 9 years, I have seen first-hand the
depth of his knowledge and his ability to harness it effectively in order to
deliver for his clients. I know that he will be a brilliant addition to the
team and I look forward to working alongside him as Co-Fund Managers."

 

 

For further information, please contact:

 

Alex Crooke

Fund Manager

The Bankers Investment Trust PLC

Telephone: 020 7818 4447

 

Dan Howe

Head of Investment Trusts

Janus Henderson Investors

Telephone: 020 7818 1818

 

Harriet Hall

PR Director, Investment Trusts

Janus Henderson Investors

Telephone: 020 7818 2919

 

 1  (#_ftnref1) Morningstar 31st July 2025

 

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