Public (: ) | |
Industry | Investment management |
Founded | 1868 |
Headquarters | London, UK |
Key people
|
Mark Loveday (Chairman) Paul Niven (Fund manager) |
£52.6 million (2015) | |
£47.3 million (2015) | |
AUM | £2.7 billion (2015) |
Website | www.foreignandcolonial.com |
Foreign & Colonial Investment Trust is a publicly traded investment trust. It is listed on the and is a constituent of the FTSE 250 Index.
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 and specialised in investing in Government bonds. In 1891 it changed its name to The Foreign & Colonial Investment Trust: it first started investing in equities in 1925. In 1981, F&C launched Graphite Capital, a leading UK private equity firm.
The Company has assets under management of approximately £2.7 billion and holds stakes in over 600 different companies in 35 countries worldwide. The Company is managed by Paul Niven of F&C Management Limited, a subsidiary of F&C Asset Management plc.