Bankers Investment Trust Explained

Bankers Investment Trust
Founded: in London, UK
Hq Location City:London, United Kingdom
Key People:Susan Inglis (Chairwoman)
Alex Crooke (Investment Manager)
Aum: GBP £1.6 Billion (31 January 2024)[1]
Website:Official site
Type:Public company
Industry:Investment Management
Area Served:Worldwide

Bankers Investment Trust is a large British investment trust dedicated to investments in major international businesses, particularly FTSE 100 companies.[2] The company is a constituent of the FTSE 250 Index.[3]

History

The company was incorporated in 1888. Seven of the directors at that time were bankers, so it was named Bankers Investment Trust. Following financial difficulties in the Australian banking sector, it was unable to pay dividends in 1892 and 1893.[4] It was first listed on the London Stock Exchange in 1957.[5]

Investment activity

The company is managed by Alex Crooke of Janus Henderson,[5] and the chairman is Susan Inglis who was appointed in September 2018.[6]

The company's largest investments as at 31 October 2022 were as follows:[7]

Largest investments
Ranking Company Valuation (£'m)
1 40.1
2 33.3
3 29.8
4 29.0
5 28.9

External links

Notes and References

  1. Web site: Bankers Investment Trust. Janus Henderson. 12 February 2024.
  2. Web site: Bankers Investment Trust. Trust.net. 3 March 2020.
  3. Web site: FTSE 250 Index Factsheet. FTSE Russell. 22 August 2022.
  4. Web site: Anglo-Australian Notes. The Age (Melbourne). 17 June 1892. 16 February 2023.
  5. Web site: Bankers Investment Trust. Collins Sarri Statham. 27 September 2022.
  6. Web site: Bankers Investment Trust announces Sue Inglis as next Chair of the Board of Directors. 26 September 2018. Talent 4 Boards. 3 March 2020.
  7. Web site: Annual Report 2022. Bankers Investment Trust. 16 February 2023.