F&C Asset Management

F&C Asset Management Plc is an international asset management company and is part of BMO Global Asset Management.

F&C Asset Management Plc
A wholly owned subsidiary of Bank of Montreal (BMO)
IndustryInvestment management
Founded1972 (1972)
HeadquartersLondon, England, UK
Key people
Kieran Poynter
(Non-Executive Chairman) Richard Wilson
(Chief Executive)
Revenue£257.5 million (2013)[1]
£38.5 million (2013)[1]
£10.2 million (2013)[1]
Websitewww.fandc.com 

F&C’s head office is in the City of London in Exchange House, Primrose Street, London.

History

F&C can trace its roots back to 1868, when Foreign & Colonial Investment Trust, the world’s first investment trust was launched. In 2014 F&C Investments became part of BMO Global Asset Management, and ultimately the BMO Financial Group.[2]

Operations

F&C Investments currently have over 25 offices in 14 countries around the world.

F&C have four regional investment hubs, in London, Toronto, Chicago and Hong Kong, as well as a number of itinerant investment teams.

Products & Investment Trusts

With 10 investment trusts, F&C Investments offer investments including equities, bonds, property and private equity. F&C trusts have different aims and strategies with the option of capital growth, income or a combination of both and with a specific regional focus or with a global remit

The funds include;

  • European Assets Trust
  • F&C Capital and Income Trust
  • F&C Commercial Property Trust
  • F&C Global Smaller Companies
  • F&C Managed Portfolio Trust
  • F&C Private Equity Trust
  • F&C UK High Income Trust plc
  • F&C UK Real Estate Investments
  • Foreign & Colonial Investment Trust
  • TR Property Trust

F&C Investments also provide a range of savings plans designed to meet varying investment goals including;

  • Savings plans for children;
    • Junior ISA
    • Children’s Investment Plan
    • Child Trust Fund
  • Investment Trust ISA
  • Private Investor Plan

Ownership

On 7 May 2014, F&C Investments was acquired by Bank of Montreal through its wholly owned subsidiary, BMO Global Asset Management (Europe) Limited. Prior to this it was listed on the London Stock Exchange.[3]

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References

Further reading

  • F&C – A History of Foreign & Colonial Investment Trust by Neil McKendrick and John Newlands, 1999.
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