Headquarters | Edinburgh , Scotland,
UK |
---|---|
Website | www.patplc.co.uk |
Personal Assets Trust is a large British investment trust. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. [1] The chairman is Hamish Buchan. [2]
The company was established through a rights issue by a much larger fund, Atlantic Assets, managed by Ivory and Sime, in 1983. [3] In 1990, an asset manager with Ivory and Sime, Ian Rushbrook, took over the management of the company and decided that it should be "run expressly for private investors". [4] Over the next 25 years, he grew the business significantly and also used it as a vehicle to protect his own family's financial interests. [5] [6]
Headquarters | Edinburgh , Scotland,
UK |
---|---|
Website | www.patplc.co.uk |
Personal Assets Trust is a large British investment trust. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. [1] The chairman is Hamish Buchan. [2]
The company was established through a rights issue by a much larger fund, Atlantic Assets, managed by Ivory and Sime, in 1983. [3] In 1990, an asset manager with Ivory and Sime, Ian Rushbrook, took over the management of the company and decided that it should be "run expressly for private investors". [4] Over the next 25 years, he grew the business significantly and also used it as a vehicle to protect his own family's financial interests. [5] [6]