Merchants Trust
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| Company type | Public company |
|---|---|
| Industry | Investment Management |
| Founded | 1889[1] |
Key people | Colin Clark (Chairman) |
| Website | Official site |
Merchants Trust (LSE: MRCH) is a large British investment trust dedicated to investments in higher yielding FTSE 100 Index companies. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
[edit | edit source]The company was established by the banker and art collector, Robin Benson, in February 1889.[2][3] At that time, under Benson's guidance, it invested in North American railways but, in the mid-20th century, it refocussed on large UK listed companies.[4] Nigel Lanning of RCM (UK) Limited became manager in 1984.[5] RCM (UK) Limited was acquired by Allianz Global Investors in 2002[6] and Simon Gergel became manager in 2006.[7] The chairman is Colin Clark.[8]
References
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