JPMorgan Global Growth & Income
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 | |
| Company type | Public company |
|---|---|
| |
| ISIN | GB00BYMKY695 |
| Industry | Investment trust |
| Founded | 1887; 138 years ago (1887) |
| Headquarters | 25 Bank Street, Canary Wharf, , England |
Key people | James Macpherson (Chairman) |
JPMorgan Global Growth & Income is a large British investment trust. Established in 1887, it is dedicated to investing in companies worldwide.[1] The Chairman is James Macpherson.[2] 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.[3]
The company was established as the United British Securities Trust in April 1887.[4] Following the appointment of Robert Fleming & Co. was as manager, it became the Fleming Overseas Investment Trust in 1982. After Robert Fleming & Co. was acquired by Chase Manhattan in April 2000,[5] and Chase Manhattan merged with J.P. Morgan & Co. in December 2000,[6] it was brought under the management of J.P. Morgan & Co. It 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] Shareholders were warned that the transaction would take some time to resolve,[13] and the transaction was eventually completed in September 2022.[14]
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).[15]
References
- ↑ "JPMorgan Global Growth and Income". Trust.net. Retrieved 1 August 2022.
- ↑ "JPMorgan Global Growth & Income ups dividend but cautious in outlook". A. J. Bell. 2 October 2025. Retrieved 3 October 2025.
- ↑ "Sanne Group (UK): Constituent Deletion - Update Changes in FTSE UK Index Series". 1 August 2022. Retrieved 1 August 2022.
- ↑ "JPMorgan Global Growth & Income". Companies House. Retrieved 2 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.
- ↑ "JP Morgan to ditch Fleming name". City Wire. 26 April 2005. Retrieved 21 March 2025.
- ↑ "JP Morgan axes Fleming brand across Europe". Money Marketing. 5 May 2005. Retrieved 21 March 2025.
- ↑ "JP Morgan Global Growth and Income". Retrieved 1 August 2022.
- ↑ "Scottish soars on 'bold' merger with JPMorgan Global Growth". Citywire. 20 October 2021. Retrieved 1 August 2022.
- ↑ "JP Morgan absorbs poorly performing Scottish Investment Trust". The Times. 21 October 2021. Retrieved 1 August 2022.
- ↑ "Say yes to Scottish Investment Trust merger with JPMorgan". Shares Magazine. 4 November 2021. Retrieved 1 August 2022.
- ↑ "Scottish Investment Trust shareholders face prolonged merger with JPM trust". Portfolio Adviser. 16 November 2021. Retrieved 1 August 2022.
- ↑ "Scottish investment trust completes merger with JP Morgan Global Growth & Income". Investment Week. 1 September 2022. Retrieved 2 October 2025.
- ↑ "JP Morgan Global Growth and Income and Henderson International Income proceed with merger". Investment Week. 17 April 2025. Retrieved 21 May 2025.
External links
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