Aberforth Smaller Companies Trust (LSE: ASL) is a large British investment trust dedicated to investments in smaller companies, those with a capitalisation below £1.264 billion as of 1 January 2012, equivalent to the constituents of the Numis Smaller Companies Index, which has 422 components. Established 10 December 1990, the company is a constituent of the FTSE 250 Index. The Chairman is David Shaw.
The firm is the largest UK Smaller Companies Investment Trust. It operates a diversified portfolio of over 80 companies, and is 8.2% geared as of 19th April 2012, with £717m of net asset value.
Famous quotes containing the words smaller, companies and/or trust:
“It might be seen by what tenure men held the earth. The smallest stream is mediterranean sea, a smaller ocean creek within the land, where men may steer by their farm bounds and cottage lights. For my own part, but for the geographers, I should hardly have known how large a portion of our globe is water, my life has chiefly passed within so deep a cove. Yet I have sometimes ventured as far as to the mouth of my Snug Harbor.”
—Henry David Thoreau (1817–1862)
“The recent attempt to secure a charter from the State of North Dakota for a lottery company, the pending effort to obtain from the State of Louisiana a renewal of the charter of the Louisiana State Lottery, and the establishment of one or more lottery companies at Mexican towns near our border, have served the good purpose of calling public attention to an evil of vast proportions.”
—Benjamin Harrison (1833–1901)
“Poor John Field!—I trust he does not read this, unless he will improve by it,—thinking to live by some derivative old-country mode in this primitive new country.... With his horizon all his own, yet he a poor man, born to be poor, with his inherited Irish poverty or poor life, his Adam’s grandmother and boggy ways, not to rise in this world, he nor his posterity, till their wading webbed bog-trotting feet get talaria to their heels.”
—Henry David Thoreau (1817–1862)