History
The company was established through a rights issue by a much larger fund, Atlantic Assets, managed by Ivory and Sime, in 1983.[3] In 1990, an asset manager with Ivory and Sime, Ian Rushbrook, took over the management of the company and decided that it should be "run expressly for private investors".[4] Over the next 18 years, he grew the business significantly and also used it as a vehicle to protect his own family's financial interests.[5][6] In 2009, it came under the management of Troy Asset Management, who subsequently appointed Sebastian Lyon and, from 2025, Charlotte Yonge as managers of the fund.[7][8]
