Foreign & Colonial Investment Trust
|Public (LSE: FRCL)|
Mark Loveday (Chairman)|
Paul Niven (Fund manager)
|£52.6 million (2015)|
|£47.3 million (2015)|
|AUM||£2.7 billion (2015)|
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.
- "Annual Results 2015". Foreign & Colonial Investment Trust. Retrieved 28 March 2015.
- Fixsen, Rachel (2000-10-27). "There's life in the old investment trust yet!". London: The Independent. Retrieved 2007-11-04.
- Graphite Capital Fund Investors: History
- "Facts and Figures". Foreign & Colonial Investment Trust. Retrieved 2007-11-04.
- "Paul Niven". Trust.net. Retrieved 9 April 2016.
- F&C: A History of Foreign & Colonial Investment Trust by Neil McKendrick and John Newlands, 1999.