share prices

Witan Investment Trust

LN: WTAN

£1556m market cap

181.4p last close

Witan Investment Trust (WTAN) aims to deliver long-term growth in income and capital through active multi-manager investment in global equities. Funds are currently allocated to 11 specialist managers and, to a limited extent, open-ended funds.

Investment summary

Witan Investment Trust (WTAN) can be considered as a ‘one-stop shop’ for investment in global equities. Since 2004, it has employed a multi-manager strategy; there are currently 10 third-party managers, while around 10% of the trust is invested directly in specialist funds. WTAN outperformed its composite benchmark in FY19 and has now increased its annual dividend in each of the last 45 consecutive years. While global stock markets are currently under significant pressure due to the coronavirus outbreak, WTAN’s CEO and investment director are ‘optimistic’ on the prospects for equities with a medium to long-term view, while acknowledging short-term challenges. They believe that given the announced fiscal and monetary stimuli across the globe, the economic recovery, when it happens, could be quite dramatic.

Share price graph
Price performance
%
1m
3m
12m
Actual 8.8 (11.1) (12.4)
Relative* (1.5) (3.9) (1.4)
52-week high/low 235.0p/136.0p
*% relative to local index
Key management
Harry Henderson Chairman
Andrew Bell CEO
James Hart Investment Director

Content on Witan Investment Trust

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