Celebrating 50 years of success
On Wednesday October 25th we were delighted to welcome over 200 guests to a luncheon that celebrated 50 years since Fiske was founded.
Clients, current and former staff, and friends of the business were entertained in the elegant and historic surroundings of The Draper’s Livery Hall on Throgmorton Street, London.
Our founder and Chairman, Clive Harrison, entertained those present with a speech that included anecdotes from his long career in the City, which started in 1961.
He recalled, how in 1975, two years after the company’s foundation, Fiske acquired Bragg, Stockdale & Hall, which had started 156 years previously. As a result, Clive said, Fiske could claim its foundation date as 1819!
Clive also told listeners about the occasion when a plane in which he was travelling nearly crashed because it got volcanic dust in its engines, how he had to dodge fallen trees when going into the office the day after the great hurricane of 1987 and how Fiske avoided the worst of the dot.com crash at least partly because he had a natural aversion to tech stocks.
The speech ended with Clive wishing his successors at Fiske “following winds and fair seas”. Read the full text of Clive’s speech here.
James Harrison, the current Chief Executive of the company, recalled that over many years Clive had journeyed around the world to personally assess investment opportunities, but that some of the best outcomes for the investors had begun as chance encounters with other business leaders on the flights between the meetings.
James continued by listing the four key tenets he believes have guaranteed the longevity of the business and will position it for continued success:
- Looking after its clients
- Looking after its staff
- Keeping an open mind in terms of investment
- Ensuring that the balance sheet remains rock solid.
Finally, James echoed Clive’s nautical-themed conclusion with one of his own, saying:
“We look forward to the future from a ship well found, with taut rigging, a weather eye and plenty of grog aboard as we navigate the ever-heaving seas of investment markets.”
Read the full text of James’ speech here.
Fiske plc. Registered office: 100 Wood Street, London, EC2V 7AN
Member of the London Stock Exchange Authorised and Regulated by the Financial Conduct Authority
Registered in England No 2248663 VAT No. 277 7451 61
This article is a general communication being provided for informational purposes only. It is educational in nature and not designed to be taken as advice or a recommendation for any specific investment product, strategy, plan feature or other purpose in any jurisdiction, nor is it a commitment from Fiske plc to participate in any of the transactions mentioned herein. Any examples used are generic, hypothetical and for illustration purposes only. This material does not contain sufficient information to support an investment decision and it should not be relied upon by you in evaluating the merits of investing in any securities or products. In addition, users should make an independent assessment of the legal, regulatory, tax, credit, and accounting implications and determine, together with their own financial professional, if any investment mentioned herein is believed to be appropriate to their personal goals. Investors should ensure that they obtain all available relevant information before making any investment. Any forecasts, figures, opinions or investment techniques and strategies set out are for information purposes only, based on certain assumptions and current market conditions and are subject to change without prior notice. All information presented herein is considered to be accurate at the time of production, but no warranty of accuracy is given and no liability in respect of any error or omission is accepted. It should be noted that investment involves risks, the value of investments and the income from them may fluctuate in accordance with market conditions and taxation agreements and investors may not get back the full amount invested. Both past performance and yields are not a reliable indicator of current and future results. Fiske plc is authorised and regulated by the Financial Conduct Authority and is a Member of the London Stock Exchange. FCA Register No: 124279.