British Assets Trust
Encyclopedia
British Assets Trust is a large British
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

 investment trust
Investment trust
An Investment trust is a form of collective investment found mostly in the United Kingdom. Investment trusts are closed-end funds and are constituted as public limited companies....

 dedicated to investments in major international businesses, particularly FTSE 100 companies. Established in 1898, the company is a constituent of the FTSE 250 Index
FTSE 250 Index
The FTSE 250 Index is a capitalisation-weighted index consisting of the 101st to the 350th largest companies on the London Stock Exchange. Promotions to and demotions from the index take place quarterly in March, June, September and December...

. The Chairman is William Thomson.

The fund is managed by F&C Asset Management
F&C Asset Management
F&C Asset Management Plc is a leading asset management company.Unlike many asset managers which are divisions of large financial firms such as banks, F&C Asset Management is a standalone publicly-listed asset manager. It is an active shareholder with a strong commitment to corporate social...

.
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