F & C Investment Trust

Last updated

F & C Investment Trust plc
Company type Public
Industry Investment management
Founded1868;157 years ago (1868)
Headquarters London, England
Key people
Simon Fraser (Chairman)
Paul Niven (Fund manager)
RevenueIncrease2.svg £111.8 million (2024) [1]
Increase2.svg £100.7 million (2024) [1]
Increase2.svg £84.6 million (2024) [1]
Website www.foreignandcolonial.com

F & C Investment Trust, formerly Foreign & Colonial Investment Trust, is a publicly traded investment trust. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index; it is also listed on the New Zealand Exchange. [2]

Contents

History

The company was founded by Philip Rose, who also founded the Royal Brompton Hospital, in 1868 as The Foreign & Colonial Government Trust: it was the first collective investment scheme in the world [3] [4] and specialised in investing in Government bonds. [5]

In 1891 it changed its name to The Foreign & Colonial Investment Trust: it first started investing in equities in 1925. [5]

In 1981, the company launched Graphite Capital, a leading UK private equity firm. [6]

The company shortened its name from The Foreign & Colonial Investment Trust to F & C Investment Trust in 2018. [7]

Operations

The company is managed by Paul Niven of F&C Asset Management. [8] The current chair is Beatrice Hollond. [9]

References

  1. 1 2 3 "Annual Report 2024" (PDF). Foreign & Colonial Investment Trust. Retrieved 17 March 2025.
  2. ↑ "New Zealand Stock Exchange". NZX. Retrieved 14 August 2018.
  3. ↑ Fixsen, Rachel (27 October 2000). "There's life in the old investment trust yet!". The Independent . London. Retrieved 4 November 2007.
  4. ↑ "The money doctors". The Economist. 12 November 2020. ISSN   0013-0613 . Retrieved 22 November 2020.
  5. 1 2 "How has investing changed in the last 150 years". Columbia Threadneedle Investments. Retrieved 7 April 2024.
  6. ↑ "Graphite Capital Fund Investors: History". Archived from the original on 11 July 2011. Retrieved 24 April 2011.
  7. ↑ "Foreign & Colonial trust changes name to reflect its 'relevance in the modern world'". Investment Week. 7 March 2018. Retrieved 7 April 2024.
  8. ↑ "Paul Niven". Trust.net. Retrieved 9 April 2016.
  9. ↑ "Beatrice H.M. Hollond". Brown Advisory. Retrieved 7 April 2024.

Further reading

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