Capital Gearing Trust PLC was admitted to the London Stock Exchange in 1973 and Peter Spiller has been investment manager since 1982, with Alastair Laing and Chris Clothier now co-managers.
Since 1982, the company has delivered amongst the best returns of any London listed investment trust, with notably few periods of negative performance.
Initially Capital Gearing Trust plc invested entirely into investment trust related equity securities. Over time the investment focus of the company has broadened out to include cash, government bonds, corporate bonds as well as investment trust securities.