The People's Trust, the customer-owned investment trust being set up by the former head of the Investment Association, plans to make long-term investments in unlisted property and infrastructure assets once it has built scale over the next few years.

Daniel Godfrey set out the organisation's longer-term plans last night, May 11, at a dinner event in Westminster with academic Professor John Kay, whose 2012 review of short-termism in equity markets Godfrey said had "inspired" the trust's creation.