Company type | Public |
---|---|
Industry | Investment management |
Founded | 1868 |
Headquarters | London, England |
Key people | Simon Fraser (
Chairman) Paul Niven ( Fund manager) |
Revenue | £106.6 million (2023) [1] |
£96.2 million (2023) [1] | |
£81.7 million (2023) [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]
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]
The company has assets under management of approximately £5.0 billion as at 31 January 2024. [8] The company is managed by Paul Niven of F&C Asset Management. [9] The current chair is Beatrice Hollond. [10]