Witan Investment Trust

Last updated
Witan Investment Trust plc
Company type Public
Industry Investment management
Founded1909
Headquarters London, United Kingdom
Key people
Andrew Bell (CEO)
Andrew Ross (Chairman)
Website www.witan.com

Witan Investment Trust plc is a multi-managed, global equity investment trust. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Contents

History

Witan Investment Trust plc (Witan) was established in 1909 to manage the estate of Alexander Henderson, 1st Baron Faringdon. [1] 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. [1] In 2004, Witan became self-managed, appointed its first CEO and adopted a multi-manager approach. Andrew Bell was appointed CEO in 2010. [2] In 2020, Witan became a signatory to the UN-supported Principles for Responsible Investment. [3]

Operations

The company's portfolio is actively managed between a selection of 8 to 12 third-party delegated investment managers. They manage approximately 90% of Witan’s assets. The remaining assets are invested directly by Witan’s Executive team, which is also responsible for the selection and monitoring of the managers and for the management of the Company’s gearing, under delegated guidelines from the Board. [4]

The CEO of Witan Investment Trust plc is Andrew Bell. The chairman of Witan Investment Trust plc is Andrew Ross. [5]

Related Research Articles

<span class="mw-page-title-main">Schroders</span> British asset management company

Schroders plc is a British multinational asset management company headquartered in London, England. Founded in 1804, it employs over 6,000 people worldwide in 38 locations around Europe, America, Asia, Africa and the Middle East. It is traded on the London Stock Exchange and is a constituent of the FTSE 100 Index.

<span class="mw-page-title-main">Federated Hermes</span> American financial services company

Federated Hermes is an investment manager headquartered in Pittsburgh, Pennsylvania, United States. Founded in 1955 and incorporated on October 18, 1957, the company manages $758 billion of customer assets, as of Dec. 31, 2023. The company offers investments spanning equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies, including mutual funds, exchange-traded funds (ETFs), separate accounts, closed-end funds and collective investment funds. Clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers.

Anthony Bolton is a former investment fund manager and successful investor in the United Kingdom. He managed the Fidelity Special Situations fund from December 1979 to December 2007, and then managed Fidelity China Special Situations PLC, a London Stock Exchange listed investment trust, until his retirement in April 2014. He is also a musician and a composer.

Baillie Gifford & Co is an investment management firm which is wholly owned by partners, all of whom work within the firm. It was founded in Edinburgh, Scotland, in 1908 and still has its headquarters in the city. It has corporate offices in New York and London.

Principles for Responsible Investment is a United Nations-supported international network of financial institutions working together to implement its six aspirational principles, often referenced as "the Principles". Its goal is to understand the implications of sustainability for investors and support signatories to facilitate incorporating these issues into their investment decision-making and ownership practices. In implementing these principles, signatories contribute to the development of a more sustainable global financial system.

<span class="mw-page-title-main">Macquarie Group</span> Australian investment bank and financial services company

Macquarie Group Limited is an Australian global financial services group. Headquartered and listed in Australia, Macquarie employs more than 20,000 staff in 34 markets, is the world's largest infrastructure asset manager and Australia's top ranked mergers and acquisitions adviser, with more than A$871 billion in assets under management.

City of London Investment Trust is a large British investment trust dedicated to investments in UK equities. Established in 1861, the company is a constituent of the FTSE 250 Index; it is also listed on the New Zealand Stock Exchange. The chairman is Sir Laurie Magnus, and the manager since 1991 has been Job Curtis. The fund is managed by Janus Henderson.

<span class="mw-page-title-main">AVI Global Trust</span> British investment trust

AVI Global Trust is a London-based British investment trust. The company is a constituent of the FTSE 250 Index. The chairman is Graham Kitchen.

<span class="mw-page-title-main">F&C Asset Management</span> Financial management firm

F&C Asset Management Plc was an international asset management company. It was acquired by Bank of Montreal in 2014, and renamed as BMO Asset Management (Holdings) Plc in 2018. Its head office was in the City of London in Exchange House, Primrose Street, London. The company was then acquired by Columbia Threadneedle Investments in 2021 and renamed to Columbia Threadneedle AM (Holdings) Plc in 2022.

<span class="mw-page-title-main">PGIM</span> American Investment Management firm

PGIM, Inc. (PGIM), formerly known as Prudential Investment Management, functions as the asset management arm of Prudential Financial, an American life insurance company.

<span class="mw-page-title-main">Sculptor Capital Management</span> American investment management firm

Sculptor Capital Management is an American global diversified alternative asset management firm. They are one of the largest institutional alternative asset managers in the world.

Scottish Widows Investment Partnership (SWIP) was an asset management company based in Edinburgh, Scotland. It was one of Europe's largest asset management companies, with £146 billion of funds under management as at 31 December 2013. These funds were invested across all major asset classes – including worldwide equities, property, bonds, multi-asset, multi-manager and cash.

Responsible Research Pte Ltd is an independent Environmental Social and Corporate Governance (ESG) research firm for global institutional asset owners and asset managers. Based in Singapore, Responsible Research analyses the ESG factors and regulatory landscapes that increasingly threaten portfolio returns in Asian markets.

<span class="mw-page-title-main">Coronation Fund Managers</span> South African fund management company

Coronation Fund Managers is a South African third-party fund management company, headquartered in Cape Town. The company has locations in all South African major centers and offices in, Ireland, United Kingdom and in Namibia where it is represented by Namibia Asset Management a strategic partner. As of December 2019 the company had Assets under management of R578 billion.

<span class="mw-page-title-main">Asset.tv</span>

Asset TV is a UK-based digital media company, providing webcast, filming, production services, media hosting solutions, fund manager videos, global video, audio distribution and custom built analytics packages, to the global investment management industry.

<span class="mw-page-title-main">Insight Investment</span> British asset management company

Insight Investment (Insight) is one of the largest global asset management companies, responsible for £683.0 billion of assets under management as of 30 September 2022, represented by the value of cash securities and other economic exposure managed for clients. It manages strategies which include fixed income, liability-driven investment (LDI), cash, absolute return, multi-asset, and equities. Insight is a subsidiary of The Bank of New York Mellon, a multinational financial services corporation.

CapMan Oyj, founded in 1989 and headquartered in Helsinki, Finland, is a Finnish private equity fund manager listed in Helsinki Stock Exchange. CapMan manages funds with capital raised mainly from European institutional investors, such as pension funds and insurance companies, endowments, family offices, funds of funds and public institutions. CapMan has three key investment areas – Private Equity, Real Estate and Infrastructure. Altogether, CapMan employs around 190 professionals in Helsinki, Stockholm, Copenhagen, Oslo, Luxembourg and London.

Arabesque Partners is an Anglo-German investment management firm founded in 2013, with headquarters in London and a research hub in Frankfurt. The company offers a quantitative approach to sustainable investing.

Liontrust Asset Management plc is a British specialist and independent fund management company. It is listed on the London Stock Exchange. It manages open-ended funds domiciled in the UK and Ireland, multi-asset portfolios, the Edinburgh investment Trust and segregated accounts. Liontrust handles investments for clients in Europe and South America. Liontrust is headquartered in London and also has offices in Edinburgh and Luxembourg.

<span class="mw-page-title-main">Abrdn</span> UK based investment company

Abrdn plc, formerly Standard Life Aberdeen plc, is a United Kingdom-based global investment company headquartered in Edinburgh, Scotland. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

References

  1. 1 2 "We are family: seven investment trusts where blood runs deep". City Wire. 29 September 2015. Retrieved 18 February 2023.
  2. Morris, Pamela (2013-02-14). "Money Marketing Profile: Andrew Bell". Money Marketing . London. Retrieved 2013-06-28.
  3. "UN PRI Signatory Directory. Witan Investment Trust plc". PRI. Retrieved 2020-06-19.
  4. "Witan Investment Trust Annual Report 2019" (PDF). Retrieved 4 February 2016.
  5. "Witan Board Of Directors". witan.com. Retrieved 3 April 2015.