Put Not Your Trust in Money. A history of the investment trust industry from 1868 to the present day

Notes:

Written by a former investment trust analyst, later writer. Sponsored by the Association of Investment Trusts which was anxious that investment trusts should become better known and intended to be of interest to the investment professional as well as to the 'interested layperson'. Describes the nature and development of investment trusts largely from 1868 and the formation of Foreign & Colonial Government Trust, the first [modern] trust although coverage is given to the Million Bank, identified as having the functions of an investment trust in another era. Its chapters include: 'Foreign & Colonial Government Trust'; 'The Million Bank and the tin men'; 'Philip Rose and railway mania' [Rose being a founder of FCGT and the solicitors Norton Rose; 'Robert Fleming and the Dundee weavers'; 'Rearmament and rubber companies'; 'War, peace and depression'; 'The birth of AITC and its early years'; 'Post war recovery and fifties growth'; 'PEPs, publicity and predators'; 'The 1990s'. Much about the Association of Investment Trust Companies; Robert Fleming & Co; Foreign & Colonial Investment Trust; Alliance Trusts; Philip Rose of Norton Rose