 | |
| Traded as |
|
|---|---|
| ISIN | GB0003450359 |
| Industry | Investment trust |
| Founded | 1994 |
| Headquarters | 25 Bank Street, Canary Wharf, , England |
Key people | Jeremy Whitley (Chairman) |
JPMorgan India Growth & Income (Template:Lse) is a large British investment trust dedicated to investments in India.[1] Established in 1994, the company will become a constituent of the FTSE 250 Index, an index of the larger companies on the London Stock Exchange, on 27 September 2022.[2] The chairman is Jeremy Whitley.[3]
History[edit | edit source]
The company was established as the Fleming Indian Investment Trust under the management of Robert Fleming & Co. in 1994. After Robert Fleming & Co. was acquired by Chase Manhattan in April 2000,[4] and Chase Manhattan merged with J.P. Morgan & Co. in December 2000,[5] it was brought under the management of J.P. Morgan & Co. It became the JP Morgan Fleming Indian Investment Trust in 2002 and then, following JPMorgan's decision to drop the Fleming brand,[6][7] it adopted the name JPMorgan Indian Investment Trust in 2005.[8] The company announced a return of capital of £195 million to shareholders in January 2020.[9] It changed its name to JPMorgan India Growth & Income in October 2025.[10]
References[edit | edit source]
- ↑ "JPMorgan Indian Investment Trust". Trust.net. Retrieved 3 March 2020.
- ↑ "Brewin Dolphin Holdings (UK): Constituent Deletion - Update: Changes in FTSE UK Index Series". 22 September 2022. Retrieved 23 September 2022.
- ↑ "JPMorgan Indian announces package of changes following strategic review". The Association of Investment Companies. 19 May 2025. Retrieved 3 October 2025.
- ↑ "Chase buys Fleming for £4.8bn". BBC News. 11 April 2000. Retrieved 30 September 2025.
- ↑ "Banking's Big Deal: The Overview; Chase Is Reported On Verge of Deal to Obtain Morgan". New York Times. 13 September 2000. Archived from the original on 7 June 2008.
- ↑ "JP Morgan to ditch Fleming name". City Wire. 26 April 2005. Retrieved 21 March 2025.
- ↑ "JP Morgan axes Fleming brand across Europe". Money Marketing. 5 May 2005. Retrieved 21 March 2025.
- ↑ "JPMorgan Indian Investment Trust". Companies House. Retrieved 21 March 2025.
- ↑ "JPMorgan's big India trust set to slim with 25% tender offer". CityWire. 6 January 2020. Retrieved 23 September 2022.
- ↑ "Company name change". Investegate. Retrieved 6 February 2026.