Scottish American Investment Trust
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Scottish American Investment Trust
The Scottish American Investment Company is a publicly traded investment trust. It invests in a broad range of UK and international assets. The Scottish American Investment Company is managed by Baillie Gifford & Co Limited, the Edinburgh-based investment management partnership. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History SAINTS was initially formed as The Scottish American Investment Company Limited by William Menzies in March 1873. Menzies was an Edinburgh lawyer who had visited the United States on several occasions during the 1860s and was struck during those visits by the wealth of investment opportunities in that young and rapidly growing nation. Among the other co-founders were Scottish emigrant American banker John Stewart Kennedy John Stewart Kennedy (January 4, 1830 – October 30, 1909) was a Scottish-born American businessman, financier and philanthropist. He was a member of the Jekyll Island Club (also known ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Swan Land And Cattle Company Headquarters
The Swan Land and Cattle Company Headquarters are a historic ranch headquarters complex on Wyoming Highway 313 in Chugwater, Wyoming. Organized in 1883 in Scotland, the Swan Company was one of the largest ranching operations in the nation in the late 19th and early 20th centuries, managing more than one million acres of land. Now a much smaller operation, its former headquarters complex was declared a National Historic Landmark in 1964. and   Description and history The Swan Land and Cattle Company Headquarters complex is located on the south side of Chugwater, at the junction of Happy Hollow Road and Lone Tree Road (Wyoming Highway 313). The four surviving buildings are arrayed in a north-south line along Happy Hollow Road, a former stagecoach route. All are single-story frame structures finished in wooden clapboards. The general store, at the northern end, has flanking shed-roof sections and was built in 1913. To its south is the former manager's residence, built in 1 ...
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Companies Based In Edinburgh
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Investment Management Companies Of The United Kingdom
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effect o ...
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Companies Listed On The London Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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British Companies Established In 1873
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * B ...
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Investment Trusts Of The United Kingdom
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effect o ...
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Leesville, Texas
Leesville is an unincorporated city of 384 residents distributed over 51 square miles in the Gonzales— Guadalupe County, Texas area (), electorally known as local Precinct 13; defined by the south of its Capote Hills ("El Capote Ranch") at the “Leesville Quad” intersection () and the north of Sandies Creek (), twelve miles southeast of Seguin. Beginning in the 19th-century, the municipal identity of Leesville was founded upon being one of the first Justice of the Peace Precincts of its original county-area, as prescribed in the Texas Constitution; as well as once generally serving as the primary seat of a former Texas House District 90, once rated at more than 1,000 constituents. Straddling and nearing the southeastern border of Guadalupe County, the real estate origins of Leesville go back to the 1800s survey-plots of Texas Revolution figures Ezekiel Wimberly Cullen (late owner of Sandies Creek) and Count Joseph de la Baume of France (late owner of Capote Hills); ...
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LIT Ranch
The LIT Ranch is an ranch located on the Canadian River in the Texas counties of Oldham, Hartley, Moore, and Potter. The ranch was established by Major George W. Littlefield in 1877. LIT Ranch headquarters were located east of Tascosa, the second town to be established in the Texas Panhandle. By 1878, it included an area 30 miles north to south and 25 miles east to west, centered on the Canadian River. By 1881, the ranch had grown to include 1,000 square miles and 17,000 head of cattle, when it was sold to the Prairie Land and Cattle Company. The company sold 49,022 acres to Lee Bivins in 1908, and another 6,260 acres in June 1909, which included the Tascosa town site. In 1918, Bivins added another 45,448 acres to the ranch. The ranch is currently owned by the W. H. O'Brien family in Amarillo, Texas Amarillo ( ; Spanish for "yellow") is a city in the U.S. state of Texas and the seat of Potter County. It is the 14th-most populous city in Texas and the largest cit ...
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Robert Fleming (financier)
Robert Fleming (17 March 1845 – 31 July 1933) was a Scottish financier and philanthropist. He was the founder of merchant bank Robert Fleming & Co. Early life Robert Fleming was born in 1845 in Dundee. His father was a bookkeeper. Career Fleming got his start at the age of 13 working for local textile firm, Messrs Edward Baxter and Son. By 21, he was Edward Baxter's private clerk. In time, Fleming had learned enough about investment procedures from Baxter to oversee the firm's American holdings. Fleming launched the Scottish American Investment Trust in 1873, the first of the Scottish investment trusts. He went on to become an international financier in London, establishing the investment bank that bore his name for more than a century and out of which the Fleming Collection of Scottish art and the Fleming Collection Gallery was born. A contemporary of J. P. Morgan and a close business associate and friend of Jacob Schiff of Kuhn, Loeb & Co., Fleming was widely known and re ...
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FTSE 250 Index
The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, September, and December. The Index is calculated in real-time and published every minute. Related indices are the FTSE 100 Index (which lists the largest 100 companies), the FTSE 350 Index (which combines the FTSE 100 and 250), the FTSE SmallCap Index and the FTSE All-Share Index (an aggregation of the FTSE 100 Index, the FTSE 250 Index and the FTSE SmallCap Index). Annual returns The following table lists the Total Return of the FTSE 250 index up to 31 December 2021. Constituents The following table lists the FTSE 250 companies after the changes on 19 December 2022. See also *FTSE 100 *FTSE All-Share Index * Fast Track 100 Sunday Times list of the 100 largest private (Non Listed) companies. * Top Track 250 The Sunday Times Top Track ...
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John Stewart Kennedy
John Stewart Kennedy (January 4, 1830 – October 30, 1909) was a Scottish-born American businessman, financier and philanthropist. He was a member of the Jekyll Island Club (also known as The Millionaires' Club) on Jekyll Island, Georgia along with J.P. Morgan and William Rockefeller among others. Early life Kennedy was born at Blantyre in Scotland on January 4, 1830. He was the fifth son of nine children born to John Kennedy and Isabella (née Stewart) Kennedy. While a child, his family moved to Glasgow where he was educated until the age of thirteen before entering a shipping office as a clerk while still attending morning and evening classes in an attempt to complete his education. Career From 1847 until 1850, he was a salesman with the Mossend Iron & Coal Company. In 1850, at age twenty, he was asked by William Bird, of the iron firm William Bird & Company of London, whom Kennedy had met during Bird's visit to Glasgow, to become the firm's representative in the United ...
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