Rothschild daughter Hannah joins RIT Capital Partners board
Friday 16 August 2013
Lord Rothschild today appointed his eldest daughter Hannah to the board of his £2 billion investment company RIT Capital Partners.
Hannah Rothschild, 51, is a writer, film-maker and senior editor of Harper’s Bazaar UK.
She is also on the board of several philanthropic trusts and museums including the National Gallery and the family seat Waddesdon Manor.
Her younger brother Nat has recently been embroiled in the controversy over mining group Bumi.
The news came as Rothschild reported that the net asset value of RIT had produced a market-beating total return of 16.9% so far this year. That took the total net asset value above £2 billion for the first time.
RIT’s stunning out-performance came as it bet on US and Japanese equities, bet against US Treasury bonds and juggled its assets to take advantage of the rising dollar against the euro and the yen.
“As recovery still relies so heavily on central bank creation of money, the search for quality has been our main focus,” said Rothschild. “We continue, even so, to research and identify companies and special situations that would benefit from the much-needed transition from growth created by printing money to one of more sustained growth.”
The interim dividend has been maintained at 14p a share.
The shares were up 5p at 1200p.
- 1 Woman accidentally shoots herself in the head while posing for a selfie
- 2 Isis burns woman alive for refusing to engage in 'extreme' sex act, UN says
- 3 Puerto Rico, island of lost dreams: People are leaving the debt-hit territory in droves as near neighbour Cuba's star rises
- 4 Female Muay Thai champion hustles coaches to give them a beating
- 5 16-year-old girl beaten and burned alive by lynch mob in Rio Bravo, Guatemala
Isis burns woman alive for refusing to engage in 'extreme' sex act, UN says
Purity balls: Girls in the US making virginity pledges as fathers vow to 'protect purity'
Female Muay Thai champion hustles coaches to give them a beating
Puerto Rico, island of lost dreams: People are leaving the debt-hit territory in droves as near neighbour Cuba's star rises
16-year-old girl beaten and burned alive by lynch mob in Rio Bravo, Guatemala
As a white man, I'm surprised more women aren't tweeting the hashtag #KillAllWhiteMen
Scotland may have to leave the EU even if it votes to stay in, David Cameron confirms
The day that Britain resigned as a global power
Almost a third of school pupils believe 'Muslims are taking over our country', study claims
SNP fury as HS2 finds 'no business case' for taking fast train service to Scotland
Gay marriage 'Bert and Ernie' cake bakery found guilty of discrimination in Northern Ireland
iJobs Money & Business
£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...
£45,000 - £55,000: Neil Pavier: Are you looking for your next opportunity for ...
£45,000 - £55,000: Sheridan Maine: Are you a newly qualified ACA/ACCA/ACMA qua...
£50,000 - £60,000: Laura Norton: Are you looking for an opportunity within a w...