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About the company
Manchester and London Investment Trust plc is a United Kingdom-based investment trust company. The investment objective of the Company is to achieve capital appreciation. The Company’s investment objective is sought to be achieved through a policy of actively investing in a diversified portfolio, comprising any global equities and/or fixed interest securities and/or derivatives. The Company may invest in derivatives, money market instruments, currency instruments, contracts for differences (CFDs), futures, forwards and options for the purposes of holding investments and hedging positions against movements. The Company seeks investment exposure to companies whose shares are listed, quoted or admitted to trading. It invests in various sectors, including information technology, communication services, and healthcare. The Company's investment manager and alternative investment fund manager is M&L Capital Management Limited.
- Revenue in GBP (TTM)107.65m
- Net income in GBP101.36m
- Incorporated1971
- Employees0.00
- LocationManchester & London Investment Trust Plc12a Princes Gate MewsLONDON SW7 2PSUnited KingdomGBR
- Phone+44 20 3882 0749
- Websitehttps://www.mlcapman.com/manchester-london-investment-trust-plc/
Profile
| Management group(s) | M&L Capital Management |
|---|---|
| AIC sector | Technology & Technology Innovation |
| ISIN | GB0002258472 |
| Launch date | 08 Dec 1997 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
The investment objective of the Company is to achieve capital appreciation. The Company’s investment objective is sought to be achieved through a policy of actively investing in a diversified portfolio, comprising any of global equities and/or fixed interest securities and/or derivatives. The Company may invest in derivatives, money market instruments, currency instruments, contracts for differences (“CFDs”), futures, forwards and options for the purposes of (i) holding investments and (ii) hedging positions against movements in, for example, equity markets, currencies and interest rates.
Managed by
| Mark Sheppard |
|---|
Management & contract fees
Under the new agreement, the fee payable to the Manager is 0.7 percent per annum of the NAV up to £750 million, 0.5 percent per annum of the NAV between £750 million and £1.5 billion, and 0.3 percent per annum of the NAV above £1.5 billion. Contract terminable on notice period of 3 months.
Peer analysis
| Company | Revenue (TTM) | Net income (TTM) |
|---|---|---|
| Albion Enterprise VCT PLC | 9.64m | 3.21m |
| Fintel PLC | 85.00m | 6.20m |
| STS Global Income & Growth Trust PLC | 28.25m | 24.72m |
| Gore Street Energy Storage Fund PLC | -24.41m | -32.06m |
| British Smaller Companies VCT plc | 17.61m | 11.93m |
| Real Estate Credit Investments Ltd | 31.13m | 19.12m |
| VH Global Energy Infrastructure PLC | -13.13m | -19.35m |
| Manchester & London Investment Trust plc | 107.65m | 101.36m |
| Invesco Global Equity Income Trust PLC | 24.86m | 22.73m |
| CVC Income & Growth Ltd | 27.09m | 7.17m |
| International Biotechnology Trust Plc | 6.07m | -1.17m |
| Octopus Renewables Infrastructr Trst PLC | 2.66m | -4.00m |
| Aurora UK Alpha PLC | 24.22m | 23.01m |
| Seraphim Space Investment Trust PLC | 56.94m | 52.99m |
| TwentyFour Select Monthly Income Fnd Ltd | 30.01m | 27.30m |
| NextEnergy Solar Fund Ltd | 10.85m | -5.60m |
Institutional shareholders
| Holder | Shares | % Held |
|---|---|---|
| Hargreaves Lansdown Fund Managers Ltd.as of 01 Oct 2025 | 739.00k | 1.94% |
| LGT Wealth Management UK LLPas of 01 Oct 2025 | 342.00k | 0.90% |
| Credo Capital Ltd.as of 31 Dec 2025 | 147.29k | 0.39% |
| Rathbones Investment Management Ltd.as of 01 Oct 2025 | 147.00k | 0.39% |
| 1832 Asset Management LPas of 01 Oct 2025 | 119.00k | 0.31% |
| Evelyn Partners Investment Management Services Ltd.as of 01 Oct 2025 | 112.00k | 0.30% |
| Vanguard Asset Management Ltd.as of 30 Nov 2025 | 97.12k | 0.26% |
| J. M. Finn & Co. Ltd.as of 01 Oct 2025 | 84.00k | 0.22% |
| HSBC Global Asset Management (UK) Ltd.as of 01 Oct 2025 | 80.00k | 0.21% |
| Legal & General Investment Management Ltd.as of 01 Oct 2025 | 70.00k | 0.18% |
