Personal Assets Trust is designed with private investors in mind and famously says its "primary objective is to protect and increase (in that order) the value of shareholders’ funds per share over the long term". It became self-managed in 1990 and was run by Ian Rushbrook from that time until his death in 2008. Sebastian Lyon of Troy Asset Management has been the manager since 2009, employing a similar style to Rushbrook with a large proportion of assets in inflation-linked bonds, similar to the approach taken by the two other popular wealth preservation trusts -- namely Capital Gearing and Ru...