Difference between revisions of "Scottish American Investment Company"
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| + | ==History== | ||
| + | The Scottish American Investment Company(SAINTS) was initially formed by William Menzies, an Edinburgh lawyer, in March 1873. He had visited the United States on several occasions during the 1860s and was struck by the wealth of investment opportunities in the post Civil War environment. | ||
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| + | Initially, SAINTS invested solely in railroad bonds but broadened out over time to include shares, bonds and industrial, commercial and public utility companies. <ref>Bailley Gifford website [http://www.bailliegifford.com/pages/UKPersonalInvestors/InvestmentTrusts/SAINTS/TrustHistory.aspx SAINTS - A history of the Trust], accessed Nov 2008</ref> That is the company is a classic example of the movement of capital out of Scotland and into the US. | ||
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==People== | ==People== | ||
Revision as of 15:16, 20 November 2008
History
The Scottish American Investment Company(SAINTS) was initially formed by William Menzies, an Edinburgh lawyer, in March 1873. He had visited the United States on several occasions during the 1860s and was struck by the wealth of investment opportunities in the post Civil War environment.
Initially, SAINTS invested solely in railroad bonds but broadened out over time to include shares, bonds and industrial, commercial and public utility companies. [1] That is the company is a classic example of the movement of capital out of Scotland and into the US.
People
Menzies Campbell's register of interests, February 2008, declares a directorship of Scottish American Investment Company PLC worth between £15,001-£20,000.[2]
Janet Morgan is non executive board member and author of the book, The Secrets of Rue St Roch, which "tells the exciting story of Captain George Bruce (later Lord Balfour of Burleigh and father of the present Lord Balfour) and the underground espionage mission which he set up behind enemy lines."[3]
Notes
- ↑ Bailley Gifford website SAINTS - A history of the Trust, accessed Nov 2008
- ↑ "Menzies Campbell", TheyWorkForYou.com, accessed November 2008
- ↑ "The Balloonist and the Housewife - A daring tale of espionage during the First World War", Clackmannanshire Council Online, accessed November 2008
