F & C Investment Trust
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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.[1]
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[2][3] and specialised in investing in Government bonds.[4]
In 1891 it changed its name to The Foreign & Colonial Investment Trust: it first started investing in equities in 1925.[4]
In 1981, the company launched Graphite Capital, a leading UK private equity firm.[5]
The company shortened its name from The Foreign & Colonial Investment Trust to F & C Investment Trust in 2018.[6]
Operations
The company is managed by Paul Niven of F&C Asset Management.[7] The current chair is Beatrice Hollond.[8]
References
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Further reading
- F&C: A History of Foreign & Colonial Investment Trust by Neil McKendrick and John Newlands, 1999.
External links
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- Pages with script errors
- Investment trusts of the United Kingdom
- Financial services companies established in 1868
- British companies established in 1868
- 1868 establishments in England
- Companies listed on the London Stock Exchange
- Companies listed on the New Zealand Exchange
- Dual-listed companies
- Companies in the FTSE 100 Index