Caledonia Investments
 | |
| Company type | Public |
|---|---|
| LSE: CLDN FTSE 250 component | |
| Industry | Investment trust |
| Headquarters | London, England, UK |
| Website | caledonia |
Caledonia Investments plc is a self-managed investment trust company based in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
[edit]The company which became Caledonia Investments was incorporated in 1928 as the Foreign Railways Investment Trust Ltd.[1] It was acquired by the Cayzer family in 1951 to hold their diverse interests and was renamed Caledonia Investments Ltd.[1] In 1955 Caledonia acquired the Cayzer family's interest in the British & Commonwealth Shipping Co. Ltd, formed out of the merger of Clan Line (started by the Cayzer family in 1881) and Union-Castle Line.[2] In 1960 the company was listed on the London Stock Exchange and in 1981 their name was changed to Caledonia Investments PLC. After their holding in British & Commonwealth was sold in 1987, Caledonia Investments became a diversified trading and investment company,[3] which in turn was converted into a UK Investment trust company on 1 April 2003.[4] The Cayzer family collectively owns some 48.5% of the share capital of Caledonia Investments plc.[5]
Operations
[edit]Caledonia is a self-managed investment trust. It takes significant holdings in listed equities, private companies and funds. Taking a long term investment approach, Caledonia Investments is a value investor with a global outlook. David Stewart is the chair and Mat Masters the chief executive.[6]
References
[edit]- ^ a b "Have investment trusts been hit by a wall of assets?". Fund Strategy. Retrieved 29 March 2016.
- ^ "Cayzer family braced for Caledonia showdown". Independent.co.uk. 7 June 2001. Retrieved 6 February 2011.
- ^ "We are family: seven investment trusts where blood runs deep". City Wire. 29 September 2015. Retrieved 18 February 2023.
- ^ "Caledonia Investments beats index". The Telegraph. 25 May 2011. Archived from the original on 14 April 2016. Retrieved 26 March 2016.
- ^ "Caledonia plays a patient game". Shares Magazine. 20 June 2013. Retrieved 29 March 2016.
- ^ "Caledonia exits AG Barr after 45 years". Portfolio Adviser. 22 November 2022. Retrieved 3 November 2022.