Merchants Trust
Appearance
Company type | Public company |
---|---|
Industry | Investment Management |
Founded | 1889[1] |
Headquarters | , |
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]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
[edit]- ^ "Merchants Trust PLC (The) Overview - GOV.UK". Companies House. 16 February 1889. Retrieved 11 February 2025.
- ^ Wake, Jehanne (5 May 2006). "Benson, Robert Henry [Robin]". Oxford Dictionary of National Biography (online ed.). Oxford University Press. doi:10.1093/ref:odnb/48999. ISBN 978-0-19-861412-8. Retrieved 21 April 2020. (Subscription, Wikipedia Library access or UK public library membership required.)
- ^ "MRCH Factsheet" (PDF). Merchants Trust. Retrieved 12 March 2024.
- ^ "Three investment trusts that have stood the test of time". Trust.net. 8 February 2019. Retrieved 3 October 2025.
- ^ "Nigel Lanning retires from Merchants after 22 years". Investment Week. 13 March 2006. Retrieved 3 October 2025.
- ^ "Allianz to scrap RCM brand across UK and offshore fund ranges". Investment Week. 14 February 2012. Retrieved 4 October 2025.
- ^ "Merchants Trust's Simon Gergel: 'It's time to sell St James's Place'". Investors Chronicle. 2 February 2024. Retrieved 4 October 2025.
- ^ "The Board". Merchants Trust. Retrieved 3 October 2025.