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// Workers AI · dad joke modeWhy trust merchants? They have a store of faith.

From Wikipedia, the free encyclopedia

Merchants Investment Trust
TypePublic company
IndustryInvestment Management
Founded1889; 137 years ago (1889)[1]
Headquarters,
United Kingdom Edit this on Wikidata
Key people
Colin Clark (Chairman)
WebsiteOfficial site

Merchants Trust (LSE: MRCH) is a large British investment trust dedicated to investments in higher yielding FTSE 100 Index companies. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

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The company was established by the banker and art collector, Robin Benson, in February 1889.[2][3] At that time, under Benson's guidance, it invested in North American railways but, in the mid-20th century, it refocussed on large UK listed companies.[4] Nigel Lanning of RCM (UK) Limited became manager in 1984.[5] RCM (UK) Limited was acquired by Allianz Global Investors in 2002[6] and Simon Gergel became manager in 2006.[7] The chairman is Colin Clark.[8]

References

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  1. "Merchants Trust PLC (The) Overview - GOV.UK". Companies House. 16 February 1889. Retrieved 11 February 2025.
  2. Wake, Jehanne (5 May 2006). "Benson, Robert Henry [Robin]". Oxford Dictionary of National Biography (online ed.). Oxford University Press. doi:10.1093/ref:odnb/48999. ISBN 978-0-19-861412-8. Retrieved 21 April 2020. (Subscription, Wikipedia Library access or UK public library membership required.)
  3. "MRCH Factsheet" (PDF). Merchants Trust. Retrieved 12 March 2024.
  4. "Three investment trusts that have stood the test of time". Trust.net. 8 February 2019. Retrieved 3 October 2025.
  5. "Nigel Lanning retires from Merchants after 22 years". Investment Week. 13 March 2006. Retrieved 3 October 2025.
  6. "Allianz to scrap RCM brand across UK and offshore fund ranges". Investment Week. 14 February 2012. Retrieved 4 October 2025.
  7. "Merchants Trust's Simon Gergel: 'It's time to sell St James's Place'". Investors Chronicle. 2 February 2024. Retrieved 4 October 2025.
  8. "The Board". Merchants Trust. Retrieved 3 October 2025.
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