Foreign & Colonial Investment Trust
|Public (LSE: FCIT) (NZX: FCT)|
|Simon Fraser (Chairman)|
Paul Niven (Fund manager)
|Revenue||£89.4 million (2019)|
|£81.2 million (2019)|
|£70.9 million (2019)|
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.
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 £3.7 billion and holds stakes in over 500 different companies in 35 countries worldwide. The company is managed by Paul Niven of F&C Asset Management.
- "Annual Results 2019" (PDF). Foreign & Colonial Investment Trust. Retrieved 17 March 2020.
- "New Zealand Stock Exchange". NZX. Retrieved 14 August 2018.
- Fixsen, Rachel (27 October 2000). "There's life in the old investment trust yet!". London: The Independent. Retrieved 4 November 2007.[permanent dead link]
- Graphite Capital Fund Investors: History
- "Fund Facts". Foreign & Colonial Investment Trust. 21 June 2017. Archived from the original on 21 June 2017. Retrieved 4 November 2007.
- "Paul Niven". Trust.net. Retrieved 9 April 2016.
- F&C: A History of Foreign & Colonial Investment Trust by Neil McKendrick and John Newlands, 1999.
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