Foreign & Colonial Investment Trust

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F&C Investment Trust plc
IndustryInvestment management
Founded1868; 152 years ago (1868)
HeadquartersLondon, England
Key people
Simon Fraser (Chairman)
Paul Niven (Fund manager)
Revenue£89.4 million (2019)[1]
£81.2 million (2019)[1]
£70.9 million (2019)[1]

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 250 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] 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.[4]


The company has assets under management of approximately £3.7 billion and holds stakes in over 500 different companies in 35 countries worldwide.[5] The company is managed by Paul Niven of F&C Asset Management.[6]


  1. ^ a b c "Annual Results 2019" (PDF). Foreign & Colonial Investment Trust. Retrieved 17 March 2020.
  2. ^ "New Zealand Stock Exchange". NZX. Retrieved 14 August 2018.
  3. ^ Fixsen, Rachel (27 October 2000). "There's life in the old investment trust yet!". London: The Independent. Retrieved 4 November 2007.[permanent dead link]
  4. ^ Graphite Capital Fund Investors: History
  5. ^ "Fund Facts". Foreign & Colonial Investment Trust. 21 June 2017. Archived from the original on 21 June 2017. Retrieved 4 November 2007.
  6. ^ "Paul Niven". Retrieved 9 April 2016.

Further reading[edit]

  • F&C: A History of Foreign & Colonial Investment Trust by Neil McKendrick and John Newlands, 1999.

External links[edit]