Personal Assets Trust

The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

[1] The chairman is Hamish Buchan.

[2] The company was established through a rights issue by a much larger fund, Atlantic Assets, managed by Ivory and Sime, in 1983.

[3] In 1990, an asset manager with Ivory and Sime, Ian Rushbrook, took over the management of the company and decided that it should be "run expressly for private investors".

[4] Over the next 25 years, he grew the business significantly and also used it as a vehicle to protect his own family's financial interests.