| Company type | Public |
|---|---|
| LSE: MRC FTSE 250 component | |
| Industry | activities of holding companies financial service activities, except insurance and pension funding  |
| Founded | 1884; 141 years ago (1884) |
| Headquarters | , |
Key people | Rachel Beagles (chair) |
| Website | am |
Mercantile Investment Trust (LSE: MRC) is a largeBritishinvestment trust dedicated to investments in medium and smaller companies in theUnited Kingdom.[1] It listed on theLondon Stock Exchange and it is a constituent of theFTSE 250 Index.[2]
The company was established as the Mercantile Investment Trust in 1884.Robert Fleming & Co. later won the mandate and it became the Fleming Mercantile Investment Trust in June 1982.[3] After Robert Fleming & Co. was acquired byChase Manhattan in April 2000,[4] and Chase Manhattan merged withJ.P. Morgan & Co. in December 2000,[5] it was brought under the management of J.P. Morgan & Co. It became the JP Morgan Fleming Mercantile Investment Trust in June 2004. It then reverted to its original name in April 2008.[3] Thechair is Rachel Beagles.[6]
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