IDENTITY STATEMENT
Reference code(s): GB 0074 CLC/B/018
Held at: London Metropolitan Archives
Title: ASSOCIATION OF INVESTMENT TRUST COMPANIES
Date(s): 1926-1996
Level of description: Collection
Extent: 367 production units.
Name of creator(s): Association of Investment Trust Companies | 1969-2006
Association of Investment Trusts | 1932-1969
Association of Investment Companies | 2006-
CONTEXT
Administrative/Biographical history:
The Association of Investment Trust Companies was formed in 1932 as the Association of Investment Trusts (the name changed in 1969, changing again in 2006 to the Association of Investment Companies). Investment trust companies have been in existence since 1868, companies formed for the purpose of holding investments. They do not trade in investments. The money raised by the issue of shares is invested and the greater part of the income is distributed as dividends and interest on its own capital. The Association was formed to represent the interest of these companies, and to provide information on the composition and performance of investment trusts. It was run by a general Committee, which met every second month, normally five times annually in London and once in Scotland. Special committees were appointed to consider the various matters dealt with by the Association. The Association was based at 62a Lombard Street (1932-4), Pinners Hall, Austin Friars (1934-6), Kent House, Telegraph Street (1936-57), 7 Angel Court (1957-75), Park House, 16 Finsbury Circus (1975-ca.2000), 8-13 Chiswell Street (ca.2000-5) and 24 Chiswell Street (from 2005).
CONTENT
Scope and content/abstract:
Records of the Association of Investment Trusts, later the Association of Investment Trust Companies and then the Association of Investment Companies. The records comprise some constitutional documents, minutes of the various committees, annual reports and accounts and supporting papers, financial material, along with many files of correspondence on particular topics, as well as a large serie of files relating to members of the Association. These records are all held off-site and require 24 hours notice for access.
ACCESS AND USE
Language/scripts of material: English
System of arrangement:
Records arranged by MS number, assigned during cataloguing at the Guildhall Library Manuscripts Section.
Conditions governing access:
Access by appointment only. Please contact staff.
Conditions governing reproduction:
Copyright to this collection rests with the depositor.
Finding aids:
Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm
ARCHIVAL INFORMATION
Archival history:
Immediate source of acquisition:
The records were deposited in the Manuscripts Section of Guildhall Library by the Association in 2005. The Guildhall Library Manuscripts Section merged with the London Metropolitan Archives in 2009.
ALLIED MATERIALS
Publication note:
See W S Gammell, The Association of Investment Trust Companies: the first 38 years, 1932-70, London 1973 (GL Pam 20189).
DESCRIPTION NOTES
Date(s) of descriptions: November 2010 to January 2011.