ABSTRACT
OVERVIEW The trustee’s general duties of investment can be summarised in the following principles: to act prudently and safely; to act fairly between benefi ciaries; to do the best for the benefi ciaries. The best interests of the benefi ciaries are generally taken to be their fi nancial interests. Therefore, non-fi nancial considerations must not be taken into account when deciding what to invest in, except in the exceptional circumstances where all the actual or potential benefi ciaries are adults with strict moral views on particular matters.
