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Some 35 investment companies existed at the time of the Queen’s accession in 1952.
The data, compiled by the Association of Investment Companies, showed these companies have assets under management of £55bn.
James de Sausmarez, head of investment funds at Janus Henderson Investors, said success in investment funds is about doing what it says on the tin consistently through all the ups and downs of the markets. worlds and world events.
“AIC’s Dividend Heroes have raised the annual dividend through every major crisis of the past 55 years – the Three Day Week, the Crash of 1974, the Winter of Discontent, the Crash of 1987, the Financial Crisis Asia, the dot-com boom and bust, the financial crisis and most recently Brexit, the global pandemic and the Russian invasion of Ukraine.
“This long-term consistency coupled with good capital growth is why the investment company industry is over 150 years old and will continue to care for the wealth of many private investors for many generations to come. “
Speaking about how investment trusts have changed, Hamish Buchan, president of the AIC from 2005 to 2007, said the growth of alternatives has really changed the face of the investment trust industry.
“Without a doubt, this has greatly increased the size of the sector and its attractiveness.
“Alternatives offer a service to private investors and wealth managers, who cannot invest in these assets themselves, whether they are infrastructure or renewable energy companies for example.”
Max Ward, director and director of Independent Investment Trust and director of Scottish Mortgage Investment Trust from 1989 to 2000, said the most significant change in the industry was the decision to make the product more attractive.
“This includes greatly increasing the amount of information available to investors, simplifying the investment process (e.g. through savings plans and platforms), using redemptions to increase liquidity and add value at the same time, and leadership in cost reduction.
Investment companies created at least 70 years ago
|
Release date |
Company |
Sector |
10-Year Total Share Price Return as of 05/20/22 (%) |
20-Year Total Share Price Return as of 05/20/22 (%) |
30-year total stock price return as of 05/20/22 (%) |
Total assets (£million) |
|
March 19, 1868 |
F&C Investment Trust |
Global |
242.11 |
427.94 |
1.468.18 |
5,247.64 |
|
November 14, 1868 |
investment company |
Flexible investment |
90.26 |
131.34 |
1,601.09 |
16.69 |
|
February 01, 1873 |
Dunedin revenue growth |
UK Equity Income |
118.96 |
221.43 |
749.90 |
470.26 |
|
March 31, 1873 |
Scottish American |
Global Equity Income |
213.16 |
416.55 |
930.44 |
933.33 |
|
June 18, 1881 |
American JPMorgan |
North America |
348.43 |
542.06 |
2,391.74 |
1,446.31 |
|
December 08, 1884 |
Mercantile |
United Kingdom All companies |
171.39 |
456.16 |
1,715.34 |
2,135.60 |
|
April 21, 1887 |
JPMorgan Global Growth & Income |
Global Equity Income |
309.18 |
573.13 |
1,914.00 |
744.02 |
|
December 16, 1887 |
Henderson Small Business |
UK small businesses |
279.02 |
670.44 |
813.49 |
863.67 |
|
April 13, 1888 |
bankers |
Global |
223.27 |
452.06 |
1,510.75 |
1,535.95 |
|
April 21, 1888 |
Alliance Trust |
Global |
240.29 |
395.03 |
1,223.11 |
3,258.41 |
|
February 15, 1889 |
BMO Global Small Business |
Global Small Businesses |
188.64 |
759.21 |
1,895.40 |
952.27 |
|
February 16, 1889 |
Merchants |
UK Equity Income |
175.53 |
299.03 |
1,070.03 |
845.32 |
|
March 01, 1889 |
Investing in Edinburgh |
UK Equity Income |
97.50 |
261.27 |
687.32 |
1,259.44 |
|
July 01, 1889 |
Global AVI |
Global |
194.05 |
568.97 |
2,534.25 |
1,126.14 |
|
December 12, 1889 |
Law Debenture Company |
UK Equity Income |
203.70 |
537.67 |
2,015.79 |
1,159.56 |
|
January 01, 1891 |
City of London |
UK Equity Income |
129.88 |
293.17 |
986.71 |
1,988.47 |
|
January 05, 1898 |
Aberdeen Diversified Income and Growth |
Flexible investment |
45.68 |
103.65 |
372.00 |
391.89 |
|
May 05, 1905 |
TR property |
Property titles |
286.08 |
944.04 |
4,045.26 |
1,599.96 |
|
May 02, 1906 |
BlackRock Small Businesses |
UK small businesses |
253.48 |
1,053.29 |
2,214.78 |
905.33 |
|
January 24, 1907 |
Baillie Gifford China Growth |
China/Greater China |
74.38 |
222.56 |
353.17 |
190.61 |
|
December 18, 1907 |
Murray International |
Global Equity Income |
111.68 |
602.39 |
1,518.56 |
1,803.52 |
|
February 17, 1909 |
witan |
Global |
198.60 |
327.33 |
1,128.13 |
1,851.74 |
|
March 17, 1909 |
Scottish Mortgage |
Global |
526.69 |
1,317.95 |
3,480.92 |
13,944.69 |
|
January 01, 1912 |
Hansa Investment Company (Ord) |
Flexible investment |
40.32 |
322.11 |
1,466.37 |
362.09 |
|
June 07, 1923 |
Murray’s Income |
UK Equity Income |
113.75 |
268.22 |
949.06 |
1,153.85 |
