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F & C Investment Trust

From Wikipedia, the free encyclopedia
British investment trust

F & C Investment Trust plc
Company typePublic
IndustryInvestment management
Founded1868; 158 years ago (1868)
HeadquartersLondon, England
Key people
Beatrice Hollond (Chair)
Paul Niven (Fund manager)
RevenueIncrease£111.8 million (2024)[1]
Increase£100.7 million (2024)[1]
Increase£84.6 million (2024)[1]
Websitewww.fandc.com

F & C Investment Trust,formerlyForeign & Colonial Investment Trust, is a publicly tradedinvestment trust. It is listed on theLondon Stock Exchange and is a constituent of theFTSE 100 Index; it is also listed on theNew Zealand Exchange.[2]

History

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The company was founded byPhilip Rose, who also founded theRoyal Brompton Hospital, in 1868 asThe Foreign & Colonial Government Trust: it was the firstcollective investment scheme in the world[3][4] and specialised in investing inGovernment bonds.[5]

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

In 1981, the company launchedGraphite Capital, a leading UKprivate equity firm.[6]

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

Operations

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The company is managed by Paul Niven ofColumbia Threadneedle Investments.[8] The current chair is Beatrice Hollond.[9]

References

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  1. ^abc"Annual Report 2024"(PDF). Foreign & Colonial Investment Trust. Retrieved17 March 2025.
  2. ^"New Zealand Stock Exchange". NZX. Retrieved14 August 2018.
  3. ^Fixsen, Rachel (27 October 2000)."There's life in the old investment trust yet!".The Independent. London. Retrieved4 November 2007.
  4. ^"The money doctors".The Economist. 12 November 2020.ISSN 0013-0613. Retrieved22 November 2020.
  5. ^ab"How has investing changed in the last 150 years".UK Capital and Income Investment Trust. Columbia Threadneedle Investments. Retrieved7 April 2024.
  6. ^"Graphite Capital Fund Investors: History". Archived fromthe original on 11 July 2011. Retrieved24 April 2011.
  7. ^"Foreign & Colonial trust changes name to reflect its 'relevance in the modern world'".Investment Week. 7 March 2018. Retrieved7 April 2024.
  8. ^"Paul Niven". Trust.net. Retrieved9 April 2016.
  9. ^"Beatrice H.M. Hollond". Brown Advisory. Retrieved7 April 2024.

Further reading

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  • F&C: A History of Foreign & Colonial Investment Trust byNeil McKendrick and John Newlands, 1999.

External links

[edit]
United KingdomFTSE 100 companies of the United Kingdom   →FTSE 250
Authority control databasesEdit this at Wikidata
Retrieved from "https://en.wikipedia.org/w/index.php?title=F_%26_C_Investment_Trust&oldid=1329042047"
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