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Bankers Investment Trust

From Wikipedia, the free encyclopedia

Bankers Investment Trust
Company typePublic company
IndustryInvestment Management
Founded1888; 136 years ago (1888) in London, UK
Headquarters
London, United Kingdom
Area served
Worldwide
Key people
Susan Inglis (Chairwoman)
Alex Crooke (Investment Manager)
AUMIncrease GBP £1.6 Billion (31 January 2024)[1]
WebsiteOfficial site

Bankers Investment Trust is a large British investment trust dedicated to investments in major international businesses, particularly FTSE 100 companies.[2] The company is a constituent of the FTSE 250 Index.[3]

History

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The company was incorporated in 1888. Seven of the directors at that time were bankers, so it was named Bankers Investment Trust. Following financial difficulties in the Australian banking sector, it was unable to pay dividends in 1892 and 1893.[4] It was first listed on the London Stock Exchange in 1957.[5]

Investment activity

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The company is managed by Alex Crooke of Janus Henderson,[5] and the chairman is Susan Inglis who was appointed in September 2018.[6]

The company's largest investments as at 31 October 2022 were as follows:[7]

Largest investments
Ranking Company Valuation (£'m)
1 ADP 40.1
2 Berkshire Hathaway 33.3
3 Oracle 29.8
4 Roper Technologies 29.0
5 American Express 28.9

References

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  1. ^ "Bankers Investment Trust". Janus Henderson. Retrieved 12 February 2024.
  2. ^ "Bankers Investment Trust". Trust.net. Retrieved 3 March 2020.
  3. ^ "FTSE 250 Index Factsheet". FTSE Russell. Retrieved 22 August 2022.
  4. ^ "Anglo-Australian Notes". The Age (Melbourne). 17 June 1892. Retrieved 16 February 2023.
  5. ^ a b "Bankers Investment Trust". Collins Sarri Statham. Retrieved 27 September 2022.
  6. ^ "Bankers Investment Trust announces Sue Inglis as next Chair of the Board of Directors". Talent 4 Boards. 26 September 2018. Retrieved 3 March 2020.
  7. ^ "Annual Report 2022" (PDF). Bankers Investment Trust. Retrieved 16 February 2023.
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