British Empire Securities & General Trust - the history
| 1889 |
| British empire securities and general trust PLC established. |
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| 1984 |
| Open offer at net asset value. Asset value investors ltd. (Formerly Laurwood, clan and ISAM) became the investment manager. |
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| 1985 |
| 4 for 1 rights issue increases size from £6 million to £30 million. |
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| 1986 |
| Successful acquisition of Ashdown investment trust for a consideration of c. £66 million. |
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| 1989 |
| Offer for Schroder global followed by its profitable unitisation. |
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| 1995 |
| Acquisition of selective assets trust for c. £42 million followed by its immediate re-structure and integration. |
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| 1999 |
| Holding of 6.8% in Rue Impériale de Lyon was sold for £45.9 million, realising a profit of £25.6 million. |
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| 2001 |
| Company exceeds the MSCI World Index by 20 percentage points. |
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| 2005 |
| The Company's NAV exceeds the MSCI World Index for a seventh consecutive year, by 26 percentage points on a total return basis. |
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| 2007 |
| NAV per Share reaches 517.8p. The Company's positive performance continues, 5.9 percentage points above the MSCI World Index on a total return basis. |
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| 2008 |
| NAV per Share reaches 521.1p, a record level, before market turmoil causes it to fall. |
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| 2009 |
| A volatile year in which NAV total return per share fell over 10% in the first half of the fiscal year, then gained over 31% in the second half, ending the year with a NAV per share of 459.3p. | |
| 2012 |
| A difficult year for the investment community in which NAV total return per share grew by 10.3% compared with an increase of 13.8% in the benchmark Morningstar Global Growth Index (both on a total return basis). |
