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:
“The sickness of our times for me has been just this damn thing that everything has been getting smaller and smaller and less and less important, that the romantic spirit has dried up, that there is no shame today.... We’re all getting so mean and small and petty and ridiculous, and we all live under the threat of extermination.”
—Norman Mailer (b. 1923)
“In the U.S. for instance, the value of a homemaker’s productive work has been imputed mostly when she was maimed or killed and insurance companies and/or the courts had to calculate the amount to pay her family in damages. Even at that, the rates were mostly pink collar and the big number was attributed to the husband’s pain and suffering.”
—Gloria Steinem (20th century)
“Sometimes I think we’re the only two lawyers in Washington who trust each other.”
—Elizabeth Dole (b. 1936)