Witan Share News (WTAN)

Witan Investment Trust Sees NAV Of 4.5% In Third Quarter

DIRECTOR DEALINGS: Witan Investment Trust Executive Transfers Shares

DIRECTOR DEALINGS: Witan Investment Non-Executive Director Sells Shares

DIRECTOR DEALINGS: Witan Investment Trust Non-Executives Buy Shares

Witan Investment Trust appoints new UK portfolio manager

Witan Investment Trust has appointed Heronbridge Investment Management to manage a 75m pound UK equity portfolio. The mandate with Heronbridge, a UK-based boutique with £800m of assets under management, will be funded from the portfolio previously managed by NewSmith Asset Management. It represent

Bodycote CEO reduces stake by 200,000 shares

Stephen Harris, the Chief Executive Officer of Bodycote, has reduced his stake in the in the heat treatment company with the sale of 200,000 shares. Each of the shares were sold at 546.50p for a total trade value of £1.09m. The transaction comes just under a month after the group posted a four pe

888 director sells majority of stake despite strong 2012 results

John Anderson, an independent non-Executive Director of 888, the online casino and online poker firm, has sold 697,500 pounds-worth of shares in the company the same day the group unveiled a special dividend following a strong full year performance. The director, who was previously the Chief Execu

Manager outperformance drives rise in NAV return at Witan Investment Trust

FTSE 250-listed Witan Investment Trust generated a Net Asset Value (NAV) total return of 15.6 per cent, outperforming the benchmark's return of 13 per cent in the year ended December 31st. The company reported that its NAV total return over the last five years was 18.7%, 3.7% ahead of the benchmark

Witan appoints Lansdowne Partners for global equity portfolio

FSTE 250 company Witan Investment Trust has appointed UK-based hedge fund specialist Lansdowne Partners to manage a global equity portfolio. The portfolio will have an initial value of £30m and will be invested in accordance with Lansdowne Partners' newly established developed markets long only st

Witan Investment Trust outperforms benchmark in Q3

Witan Investment Trust has delivered a positive third=quarter update, increasing its net asset value (NAV) and beating its benchmark over the three-month period. Between June 30th and September 30th, its NAV per share total return (calculated by including the debt at fair value) was 6.2% against it

XP Power Chairman buys up 4,000 shares

Larry Tracey, the Chairman of power controller manufacturer XP Power, treated himself to 4,000 shares in the company, despite the company last month warning that the global economic environment remains weak for the equipment which they manufacture. Tracey, who joined XP's board 22 years ago, bought

London close: Footsie spins its wheels

- Investment management firms disappoint - Hard times on the High Street - Phlegmatic response to Fitch's threat to cut UK's AAA rating After a brief sojourn in positive territory during the morning session, the top share index returned to the region where it spent most of the day, bumping along ju

London midday: Stocks mark time ahead of US data

- Stocks mark time ahead of US jobs and manufacturing data - BAE workers protect jobs by taking pay cut - Dollar strength sapping demand for oil stocks Investors have largely taken in stride the warning from credit ratings agency Fitch that the UK is marginally more likely to lose its AAA rating th

Witan lagged its benchmark in tough 2011

Witan, the 103-year-old investment trust, confessed to a disappointing showing in 2011 as its net asset value (NAV) per ordinary share dipped and performance lagged behind the trust's benchmark index. NAV per ordinary share on a debt at par value fell 11.6% from 584.4p to 516.9p, while on a fair va

Diploma's COO sells off shares

Shares in Diploma, the specialised technical products and services provider, are trading just 30p off their all-time high hit at the end of January, so it was not a bad time for Iain Henderson, the Chief Operating Officer, to reduce his holding in the company, Henderson pared his stake in the firm