Witan Investment Trust
Global equity investment trust
Witan Investment Trust (Witan) a multi-managed, global equity investment trust, with a portfolio diversified by geographical region, industrial sector and individual stock. The firm was created in 1909 to manage the estate of Alexander Henderson, 1st Baron Faringdon.
First listed on the London Stock Exchange in 1924, it established Henderson Administration (now Henderson Global Investors) to manage its funds in 1932, and then sold its remaining stake in Henderson in 1997.
In 2004, Witan became self-managed, appointed its first CEO and adopted a multi-manager approach. Its portfolio is managed by ten third-party managers.
The in-house team, based in London, consists of the CEO and a director of investment, responsible for the selection and monitoring of the managers, management of direct investments and the company's gearing policy.
Investment Trusts
As more established 'dividend heroes', including the giant Foreign & Colonial and Witan investment trusts, report rising dividends for more than 40 consecutive years, the Association of Investment Companies (AIC) has identified the up-and-coming funds...
14 March 2016
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1 min read
Investment Trusts
The Cayenne investment trust is to set to wind up next year as co-managers Len Gayler and James Hart pursue other opportunities.
18 February 2015
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Investment Trusts
The Gabelli Value Plus trust is to list on the London Stock Exchange on 19 February after a fundraising period described by Numis analysts as "a considerable success".
17 February 2015
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Investment Trusts
Some of the UK's most prominent investment trusts received a performance boost last year from their positions in unquoted companies, one of which went on to launch the largest IPO in history.
11 February 2015
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Investment Trusts
The Association of Investment Companies (AIC) has elected Peter Arthur to replace Andrew Bell as chairman.
02 October 2014
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Investment Trusts
The Witan Investment trust has said it will continue to invest in funds which charge performance fees as it revealed a strong set of results for 2013.
12 March 2014
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