North Atlantic Smaller Companies Investment Trust

North Atlantic Smaller Companies Investment Trust Plc
Company typePublic company
LSE: NAS
Constituent FTSE 250 Index
IndustryInvestment trust
Founded1973 (1973)
Headquarters,
Key people
Christopher Mills (CEO)
ProductsInvestments
AUM£740 million
Websitewww.nascit.co.uk

North Atlantic Smaller Companies Investment Trust is a large British investment trust focused on investments in smaller companies in North America. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[1]

History

The company was established as the Montagu Boston Investment Trust in 1973. It became the Consolidated Venture Trust in 1984 and North Atlantic Smaller Companies Investment Trust in 1993.[2]

It is managed by Christopher Mills, who has been the chief executive officer since 1982,[3][4] and the chairman is Sir Charles Wake.[5]

References

  1. ^ "FTSE UK Index Series Annual Review June 2023 – Amendment". FTSE Russell. 6 June 2023. Retrieved 16 June 2023.
  2. ^ "North Atlantic Smaller Companies Investment Trust". Companies House. Retrieved 31 May 2023.
  3. ^ "This little known investment trust has turned £5 million into £740 million". Shares Magazine. 5 May 2022. Retrieved 31 May 2023.
  4. ^ "NASCIT looks Westward Ho! as UK solidifies special relationship". The Armchair Trader. 24 November 2022. Retrieved 31 May 2023.
  5. ^ "North Atlantic Smaller Companies Investment Trust: Directorate Change". Shares Magazine. 28 February 2022. Retrieved 31 May 2023.