JPMorgan Global Growth & Income

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]

History

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]

External links

• Official site