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To achieve an investment total return exceeding that of the benchmark of the Company over the longer term, together with growth in the dividend ahead of inflation through active investment in global equities.
Find out MoreTue, 02nd Apr 2019 13:46
LONDON (Alliance News) - Witan Investment Trust PLC said Tuesday that Andrew Ross will join as non-executive director from May 2 and will assume the post of board chair from the annual general meeting to be held in 2020.
Ross currently serves as vice chair of Wealth Management division at Schroders PLC, having stepped down as global head of Wealth Management for Schroders at the end of 2018.
Shares in the investment trust were trading 0.3% higher at 1,040.98 pence each.
Witan Investment Trust has secured the services of Andrew Bell, Head of Research and Strategy at Rensburg Sheppards in London, as its new chief executive. It's not yet been decided when Bell will leave the fund manager for Witan. He's also a non-executive director of Framlington Innovative Growth
Read moreAfrican Aura Mining Inc's main shareholder and director Guy Pas has increased his stake to 9.38%. He bought 560,250 shares at 61.5p a share on 20 October. African Aura Mining was formed when AIM and TSX Venture Exchange-quoted Mano River Resources merged with TSX Venture Exchange-quoted African A
Read moreThe global sell-off triggered by weak consumer confidence figures from the US on Friday continued, sending Footsie deep into the red. US stocks are also trading deep in the red as traders worry that nervous consumers will dampen the economic recovery. Asian markets were down overnight despite Jap
Read moreThe FTSE 100 had a good lunch-time session, trimming the morning's losses, but it remains firmly in the red, with miners leading the way down. Concerns grow about the health of the US economy are weighing on mining companies. With consumers reticent to play their part in a demand-led recovery inves
Read moreLondon's benchmark index is posting deep losses as miners weigh on the market on worries that the recent gains may have been overdone. Concerns grow about the health of the US economy following Friday's dismal consumer sentiment data. Asian markets were down overnight, while US futures also point l
Read moreLondon's top stocks started the week on a weak note with miners leading the fallers in early trading Monday morning. Xstrata is the worst performer, closely followed by Kazakhmys, Vedanta Resources, Antofagasta, Anglo American, Lonmin and Old Mutual. Fresnillo is also down after the silver miner s
Read moreInvestment trust Witan narrowed pre-tax losses to £8.77m in the six month ended 30 June compared with a loss of £139.32m last time. Net asset value total return was -0.59% in the half year compared with a benchmark return of -1.93% for the same period. The interim dividend has been maintained at 4
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