Caledonia Investments

Last updated
Caledonia Investments plc
Company type Public
LSE:  CLDN
FTSE 250 component
IndustryInvestment trust
Headquarters
London, England, UK
Website caledonia.com

Caledonia Investments plc is a self-managed investment trust company based in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Contents

History

The company which became Caledonia Investments was incorporated in 1928 as the Foreign Railways Investment Trust Ltd. [1] It was acquired by the Cayzer family in 1951 to hold their diverse interests and was renamed Caledonia Investments Ltd. [1] In 1955 Caledonia acquired the Cayzer family's interest in the British & Commonwealth Shipping Co. Ltd , formed out of the merger of Clan Line (started by the Cayzer family in 1881) and Union-Castle Line . [2] In 1960 the company was listed on the London Stock Exchange and in 1981 their name was changed to Caledonia Investments PLC. After their holding in British & Commonwealth was sold in 1987, Caledonia Investments became a diversified trading and investment company, [3] which in turn was converted into a UK Investment trust company on 1 April 2003. [4] The Cayzer family collectively owns some 48.5% of the share capital of Caledonia Investments plc. [5]

Operations

Caledonia is a self-managed investment trust. It takes significant holdings in listed equities, private companies and funds. Taking a long term investment approach, Caledonia Investments is a value investor with a global outlook. David Stewart is the chair and Mat Masters the chief executive. [6]

Related Research Articles

<span class="mw-page-title-main">FTSE 100 Index</span> Share index of the London Stock Exchange

The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie", is a share index of the 100 companies listed on the London Stock Exchange with the highest market capitalisation. The index is maintained by the FTSE Group, a subsidiary of the London Stock Exchange Group.

Old Mutual Limited is a pan-African investment, savings, insurance, and banking group. It is listed on the Johannesburg Stock Exchange, the Zimbabwe Stock Exchange, the Namibian Stock Exchange and the Botswana Stock Exchange. It was founded in South Africa by John Fairbairn in 1845 and was demutualised and listed on the London Stock Exchange and other stock exchanges in 1999. It introduced a new strategy, called 'managed separation', that entailed the separation of its four businesses – Old Mutual Emerging Markets, Nedbank, UK-based Old Mutual Wealth and Boston-based Old Mutual Asset Management (OMAM) – into standalone entities in 2018. This led to the demerger of Quilter plc and the unbundling of its shareholding in Nedbank. The business, which is now largely based in South Africa, provides sponsorship and supports bursaries at South African universities.

Associated British Ports owns and operates 21 ports in the United Kingdom, managing around 25 per cent of the UK's sea-borne trade. The company's activities cover transport, haulage and terminal operations, ship's agency, dredging and marine consultancy.

Investec is an Anglo-South African international banking and wealth management group. It provides a range of financial products and services to a client base in Europe, Southern Africa, and Asia-Pacific.

<span class="mw-page-title-main">Clan Line</span> Passenger and cargo shipping company

The Clan Line was a passenger and cargo shipping company that operated in one incarnation or another from the late nineteenth century and into the twentieth century.

<span class="mw-page-title-main">Bank of Georgia</span> Bank headquartered in Tbilisi, Georgia

Bank of Georgia Group PLC is a UK incorporated holding company. The group comprises a retail banking and payments business, and a corporate banking and investment banking business, both operating in Georgia. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">London Stock Exchange Group</span> British financial services company

London Stock Exchange Group plc (LSEG) is a United Kingdom-based stock exchange and financial information company headquartered in the City of London, England. It owns the London Stock Exchange, Refinitiv, LSEG Technology, FTSE Russell, and majority stakes in LCH and Tradeweb.

<span class="mw-page-title-main">Assura plc</span>

Assura PLC is a British-based property business headquartered in Altrincham. It designs, builds, invests in and manages General Practitioner ('GP') and primary care buildings in the UK. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Hunting plc</span>

Hunting plc is a British-based supplier to the oil and gas industry. Some 27% of the business is owned by the Hunting family. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

City of London Investment Trust is a large British investment trust dedicated to investments in UK equities. Established in 1861, the company is a constituent of the FTSE 250 Index; it is also listed on the New Zealand Stock Exchange. The chairman is Sir Laurie Magnus, and the manager since 1991 has been Job Curtis. The fund is managed by Janus Henderson.

Witan Investment Trust plc is a multi-managed, global equity investment trust. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Rathbones</span> UK asset management company

Rathbones Group Plc is a UK provider of personalised investment management and wealth management services for private investors and trustees. This includes discretionary investment management, unit trusts, tax planning, trust and company management, pension advice and banking services. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">British and Commonwealth Holdings</span>

British and Commonwealth Holdings plc was a financial services company which used to be a constituent of the FTSE 100 Index.

<span class="mw-page-title-main">Primary Health Properties</span>

Primary Health Properties plc is a British-based real estate investment trust, specialising in the rental of flexible and modern primary healthcare facilities within the United Kingdom and Ireland. The company is listed on the London Stock Exchange and is also a constituent of the FTSE 250 Index

<span class="mw-page-title-main">ICG Enterprise Trust</span> British investment company

ICG Enterprise Trust plc is a large investment company. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. In particular it is one of the largest investment trusts on the stock exchange with a market capitalisation of £820 million as at 27 November 2023.

Safestore is the UK’s largest and Europe’s second largest provider of self-storage. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Nigel Cayzer</span>

Nigel Cayzer is a British businessman and chairman of two London-listed funds: Aberdeen Asian Smaller Companies Investment Trust and Oryx International Growth Fund. He served as chairman of the cancer care charity Maggie's from 2005 to 2014.

Bellevue Healthcare Trust is a large British investment trust dedicated to investments in listed or quoted healthcare companies on a worldwide basis. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">JTC plc</span> Fund manager

JTC plc is a provider of fund administration services. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

References

  1. 1 2 "Have investment trusts been hit by a wall of assets?". Fund Srategy. Retrieved 29 March 2016.
  2. "Cayzer family braced for Caledonia showdown". Independent.co.uk. 7 June 2001. Retrieved 6 February 2011.
  3. "We are family: seven investment trusts where blood runs deep". City Wire. 29 September 2015. Retrieved 18 February 2023.
  4. "Caledonia Investments beats index". The Telegraph. 25 May 2011. Archived from the original on 14 April 2016. Retrieved 26 March 2016.
  5. "Caledonia plays a patient game". Shares Magazine. 20 June 2013. Retrieved 29 March 2016.
  6. "Caledonia exits AG Barr after 45 years". Portfolio Adviser. 22 November 2022. Retrieved 3 November 2022.