Mercantile Investment Trust
| Company type | Public |
|---|---|
| LSE: MRC FTSE 250 component | |
| Industry | activities of holding companies financial service activities, except insurance and pension funding |
| Founded | 1884 |
| Headquarters | , |
Key people | Rachel Beagles (chair) |
| Website | am |
Mercantile Investment Trust (LSE: MRC) is a large British investment trust dedicated to investments in medium and smaller companies in the United Kingdom.[1] It listed on the London Stock Exchange and it is a constituent of the FTSE 250 Index.[2]
History
The company was established as the Mercantile Investment Trust in 1884. Robert Fleming & Co. later won the mandate and it became the Fleming Mercantile Investment Trust in June 1982.[3] After Robert Fleming & Co. was acquired by Chase Manhattan in April 2000,[4] and Chase Manhattan merged with J.P. Morgan & Co. in December 2000,[5] it was brought under the management of J.P. Morgan & Co. It became the JP Morgan Fleming Mercantile Investment Trust in June 2004. It then reverted to its original name in April 2008.[3] The chair is Rachel Beagles.[6]
References
- ^ "Mercantile Investment Trust". Trust.net. Retrieved 3 March 2020.
- ^ "FTSE 250 Index Factsheet". FTSE Russell. Retrieved 22 August 2022.
- ^ a b "Mercantile Investment Trust". Companies House. Retrieved 3 October 2025.
- ^ "Chase buys Fleming for £4.8bn". BBC News. 11 April 2000. Retrieved 30 September 2025.
- ^ "Banking's Big Deal: The Overview; Chase Is Reported On Verge of Deal to Obtain Morgan". New York Times. 13 September 2000. Archived from the original on 7 June 2008.
- ^ "Rachel Beagles". Alliance Witan. Retrieved 3 October 2025.