Alliance Witan makes manager change as portfolio transition completes
Alliance Witan investment manager removes Black Creek Investment Management from portfolio
Alliance Witan investment manager removes Black Creek Investment Management from portfolio
Witan Investment trust and Alliance Trust combine under ALW ticker
JPM UK Equity Core, Alliance Trust, SPDR MSCI ACWI ETF and Xtrackers S&P 500 Equal Weight ETF also made the grade since March 2024
The investment trust sector is increasingly willing to take difficult choices to deliver shareholder value
Some 8% of Witan’s portfolio is invested in other trusts
The merger is the result of Witan CEO Andrew Bell’s impending retirement
The move follows Ben Whitmore’s exit from Jupiter, which ‘introduces potential risks’
The £3.4bn trust outperformed global markets despite an underweight to the Magnificent Seven – and no exposure at all to Apple and Tesla
You can’t invest directly in Chat GPT but there are plenty of ways to play the emerging trend
While Alliance Trust has struggled to differentiate itself from passive alternatives
As investments in two oil & gas firms and a cement company raise eyebrows over its ESG credentials
Alliance Trust and Personal Assets among investment trusts that have recently abandoned the self-managed model