- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Edinburgh United Kingdom
- IPO Date
- Apr 16, 2008
- Business
- CT Global Managed Portfolio Trust PLC (ticker: CMPG.L for Growth shares) operates as a closed-ended investment company that provides capital growth to investors through its Growth Portfolio by investing principally in a diversified portfolio of at least 25 listed investment companies with underlying exposures across global geographic regions and sectors, including technology, private equity, UK all companies, financial services, consumer cyclical, healthcare, and communication services; the Trust also maintains a separate Income Portfolio (CMPI) offering attractive income with potential for capital growth and quarterly dividends. The Growth Portfolio's top holdings include Polar Capital Technology Trust, Oakley Capital Investments, Fidelity Special Values, and HgCapital Trust. Managed by Columbia Threadneedle Investment Business Limited, with a benchmark of the FTSE All-Share Index and an ongoing charge of approximately 2.02%, the Trust targets retail and institutional investors seeking diversified exposure via a multi-manager approach to closed-end funds domiciled primarily in the United Kingdom. Launched on April 16, 2008, and headquartered in London, the company has total assets of around £168.6 million as of September 30, 2025, with a market capitalization of approximately £102 million and no net gearing.
In recent developments, the Trust underwent a significant portfolio manager transition in 2025, with long-standing manager Peter Hewitt retiring after overseeing the portfolios since inception; he was succeeded by Adam Norris and Paul Green effective June 1, 2025, supported initially by Hewitt until October 2025, marking a strategic evolution within Columbia Threadneedle's multi-asset solutions team while maintaining the core investment philosophy. The company, formerly known as BMO Managed Portfolio Trust PLC, rebranded to CT Global Managed Portfolio Trust PLC following Columbia Threadneedle's 2021 acquisition of BMO GAM (EMEA), enhancing its integration into a broader platform managing £1 billion in similar multi-manager portfolios. Operationally, the Trust has actively managed its share capital in late 2025, including multiple sales of Growth shares from treasury (e.g., 65,000 shares at 305.5p on December 17, 2025) and allotments of new Income shares to support liquidity and general business purposes, alongside share repurchases such as 50,000 Growth shares in November 2025; it also secured a new £10 million two-year unsecured revolving credit facility in February 2025, replacing prior term loans. These changes reflect ongoing efforts to optimize capital structure and adapt to market conditions amid a flexible investment sector focus.