Brunner Investment Trust

Brunner Investment Trust (LSE: BUT), is a large British investment trust focused on investments in global equities. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[1]

History

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The Brunner Investment Trust was formed by the Brunner family, which originated from Switzerland and, in 1832, migrated to Lancashire,[2] where they formed Brunner Mond & Co in 1873.[3] The Brunner Investment Trust was formed in 1927 from the proceeds on disposal of the Brunner family's interest in Brunner Mond & Co, the largest of the four companies which came to form Imperial Chemical Industries the previous year.[4][5][6][7]

The Brunner Investment Trust joined the FTSE 250 Index in May 2024.[1] The company is managed by Allianz Global Investors and chair is Carolan Dobson.[8][9][10][11] The Brunner family continue to be significant shareholders with the former Lord Lieutenant of Oxfordshire, Sir Hugo Brunner, holding 2.3% beneficially and 12.0% as trustee, and the charitable trust established by Timothy Barnabas Hans Brunner holding 0.4% beneficially and 6.0% as a trustee.[12] The charitable trust established by Timothy Barnabas Hans Brunner continues to carry out philanthropic activities in Oxfordshire.[13]

References

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  1. ^ a b "TUI AG (UK): Nationality Change Changes in FTSE UK Index Series". FTSE Russell. 29 May 2024. Retrieved 31 May 2024.
  2. ^ "The house at Greys Court". National Trust. Retrieved 31 May 2024.
  3. ^ "A royal wedding and murder: Looking at the lives of the Brunner family". Northwich and Winsford Guardian. 24 July 2022. Retrieved 31 May 2024.
  4. ^ "Brunner, Mond & Co. Limited". The Science Museum Group. Retrieved 31 May 2024.
  5. ^ "ICI Group summary". SEC. U.S. Securities and Exchange Commission. Retrieved 31 May 2024.
  6. ^ Brian D. Varian. "American Tariff Policy and The British Alkali Industry, 1880-1905" (PDF). London School of Economics and Political Science. LSE. Retrieved 31 May 2024.
  7. ^ "Don't blindly buy a tracker – this actively managed fund is on the up". The Telegraph. 13 March 2024. Retrieved 31 May 2024.
  8. ^ "'All-weather' Brunner beats its global benchmark for fifth year". CityWire. 19 February 2024. Retrieved 31 May 2024.
  9. ^ "Manager Factsheet - Allianz Global Investors GmbH (UK)". Trustnet. Retrieved 31 May 2024.
  10. ^ "Brunner Investment Trust PLC (The)". Companies House. GOV.UK. Retrieved 31 May 2024.
  11. ^ "National Employment Savings Trust pension scheme - Annual report and accounts 2018/19" (PDF). Nest Pensions. p. 26. Retrieved 31 May 2024.
  12. ^ "Annual Report 2023" (PDF). Brunner Investment Trust. p. 64. Retrieved 31 May 2024.
  13. ^ "Trusts with an interest in Oxfordshire". Oxfordshire Community and Voluntary Action. Retrieved 31 May 2024.
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