Hargreaves could land £420m from Witan trust
£1.8bn investment trust is the latest to shutter its savings scheme
£1.8bn investment trust is the latest to shutter its savings scheme
Harry Henderson transformed trust that his family founded more than a century ago
The £2bn Witan Investment Trust has dumped Marathon Asset Management as a pan-European equity manager after seven years and replaced it with Crux Asset Management and SW Mitchell Capital.
Witan has ditched two of its five global equity managers in a bid to improve performance through its active share potential.
Home to some of the most recognisable names in the investment company universe, the Global sector offers variety through a multitude of different manager philosophies.
Whisper it, but investment trusts are quietly increasing gearing. Six years into a bull market, the question is can they be sure this is the right way forward?
Witan Investment Trust has delivered a net asset value total return of 29.4%, beating the benchmark and the FTSE All-Share and delivering its 39th consecutive year of a rising dividend.
Witan Investment Trust has announced a fourth interim dividend of 4.5p per ordinary share of 25p, continuing its long-record of yearly dividend increases since 1974.
Witan Investment Trust has appointed two new investment managers to run a combined global mandate of £190m as it takes a more active, value-driven approach.
Witan Investment Trust beat its benchmark by 5.3% in the first half of the year, boosted by holdings in private equity and gearing into rising markets.
Witan Investment Trust has announced a 38th consecutive annual increase in its dividend following a number of recent mandate changes put in place by CEO Andrew Bell.
Witan Investment Trust is expanding its exposure to Asia by handing Matthews Asia a £110m portfolio to manage.