Advance Developing Markets Trust was a large British investment trust dedicated to investments in emerging markets. Established in 1998, the company was a constituent of the FTSE 250 Index until September 2008 when it was dissolved. It was a fund of funds and so invested indirectly in emerging markets through other funds and was managed by Progressive Assets Management.[2] The Chairman was Peter O'Connor.
| Company type | Public Limited Company |
|---|---|
| Formerly LSE: ADD | |
| Industry | Investments |
| Founded | May 14, 1998[1] |
| Founder | Peter O'Connor and James Robinson |
| Defunct | October 24, 2018 |
| Fate | Dissolved |
| Headquarters | , |
| Products | Investments in emerging markets |
References
edit- ^ "Advance Developing Markets Trust Plc". UK Companies House. 14 May 1998.
- ^ "Advance Developing Markets (ADD)". Investors Chronicle. 5 November 2004.
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