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JPMorgan Global Growth & Income

British investment trust From Wikipedia, the free encyclopedia

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JPMorgan Global Growth & Income is a large British investment trust. Established in 1887, it is dedicated to investing in companies worldwide.[4] The Chairman is Tristan Hillgarth.[5] It is listed on the London Stock Exchange and FTSE Russell announced on August 1, 2022, that it would become a constituent of the FTSE 250 Index on 4 August 2022.[6]

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History

The company was established as the United British Securities Trust in 1887, became the Fleming Overseas Investment Trust in 1982, went on to be the JPMorgan Fleming Overseas Investment Trust in 2002, and then, following JPMorgan's decision to drop the Fleming brand,[7][8] became the JP Morgan Overseas Investment Trust in 2006 before adopting its current name in 2016.[9] In October 2021, Scottish Investment Trust completed a strategic review and proposed a combination of assets with JPMorgan Global Growth & Income.[10][11][12] Although the merger was supported by the board of JPMorgan Global Growth & Income, shareholders were warned that it may take many months for the merger to be completed.[13] In May 2025, the company entered into a business combination with Henderson International Income Trust (a process under which the latter's shares were cancelled).[14]

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References

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