Foreign & Colonial Investment Trust
Collective investment scheme dividends
Foreign & Colonial Investment Trust is a publicly traded investment trust based in London. Led by Paul Niven, it is listed on the London and New Zealand Stock Exchanges. The company has assets under management of about £3.7bn and holds stakes in more than 500 companies in 35 countries worldwide.
It was founded in 1868 by Philip Rose, who also founded the Royal Brompton Hospital, as The Foreign & Colonial Government Trust - F&C 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 and first started investing in equities in 1925. In 1981, F&C launched Graphite Capital, a leading UK private equity firm. Foreign & Colonial Investment Trust is a subsidiary of F&C Asset Management.
Investment
Some of the largest investment trusts in the UK could be set for a performance boost when loans with double-digit interest payments expire later this year.
16 January 2014
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3 min read
Investment Trusts
Jeremy Tigue's £2.6bn Foreign & Colonial investment trust has moved to satisfy income hungry shareholders after announcing a 19.7% dividend hike for 2012.
04 March 2013
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Investment Trusts
The Foreign & Colonial investment trust is to move to quarterly dividend payments and raise its total dividend for 2012 by 20%, as part of an overhaul of its distribution policy.
28 June 2012
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Economics
British investors worried over the outlook for UK plc have cut back their holdings in shares listed on the London Stock Exchange to a 50-year low.
07 March 2012
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Investment Trusts
UK-domiciled investment trusts have been granted greater flexibility in paying out dividends, with vehicles now able to distribute capital profits as income for the first time.
27 January 2012
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Investment Trusts
Ever wondered how an investment trust discount works? Or what a split cap trust is? Kyle Caldwell runs through a glossary of all the key terms you need to know.
26 September 2011
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5 min read
