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Globe Investment Trust
British investment trust From Wikipedia, the free encyclopedia
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The Globe Investment Trust plc was a very large British investment trust. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. The trust's portfolio included a mix of large, medium, and small-cap stocks across a range of sectors and regions. It was suitable for investors who are looking for international diversification and a long-term investment horizon.
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History
The Company was founded in 1873 as an investment trust dedicated to international equities.[1] It was managed by Charterhouse Group.[2]
In July 1990 the British Coal Pension Fund launched a hostile and ultimately successful takeover bid paying £1.1bn for what was at the time the United Kingdom's largest investment trust.[3]
References
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