Trustee’s Annual Report & Financial Statements 2003

On 31 March 2003 the value of the Fund was £3,254m (prior year £3,801m). In addition, £32m (prior year £20m) was paid to the Trustees of schemes established by purchasers of former Invensys plc businesses to provide benefits for former employees. The investment return on the assets was -9.2% (prior year 0%) against a benchmark of –9.0% (prior year -0.5%). Further details are provided within the Investment Report on pages 20 to 23. 

Read more here