The story
The company was founded by Philip Rose, who also founded the Royal Brompton Hospital, in 1868 as The Foreign & Colonial Government Trust: it was the first collective investment scheme in the world and specialised in investing in Government bonds.
In 1891 it changed its name to The Foreign & Colonial Investment Trust: it first started investing in equities in 1925.
In 1981, the company launched Graphite Capital, a leading UK private equity firm.
The company shortened its name from The Foreign & Colonial Investment Trust to F & C Investment Trust in 2018.
From Wikipedia’s article on F & C Investment Trust, shared under CC BY-SA 4.0.4
