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Fund star James Anderson quits Scottish Mortgage: Manager resigns after 22 years of turning £ 1,000 of investors’ money into £ 18,000
- James Anderson said that after 22 years at the helm, he will take over the helm of the Scottish Mortgage Investment Trust in April 2022
- Anderson transformed the trust from a little-known outfit to a FTSE 100 giant with a fortune of £ 18.5 billion
- Its returns over the period were staggering and an investor who put £ 1,000 into the fund when he acquired it would have £ 18,000 today
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