Witan Investment Trust begins search for next chairman
5th Dec 2018 08:36
(Sharecast News) - Witan Investment Trust updated the market on its succession planning on Wednesday, reporting that chairman Harry Henderson intended to retire from the board at the annual general meeting in 2020.
Read moreWitan H1 NAV flat on equites 'that went nowhere'
14th Aug 2018 07:43
(Sharecast News) - Witan Investment Trust said its first half net asset was flat against the second half of 2017 as equity markets went "almost nowhere" during the term.
Read moreWitan Investment Trust posts impressive returns
9th Mar 2016 07:56
(ShareCast News) - Witan Investment Trust described 2015 as a highly successful year for its shareholders on Wednesday, with the company recording an impressive increase on returns, and declaring a 41st consecutive rise in dividends. The FTSE 250 group saw a net asset value total return of 6.4%, out
Read moreWitan Investment Trust outperforms benchmark in first half
11th Aug 2015 08:11
(ShareCast News) - Witan Investment Trust outperformed its benchmark index in the first half of the year, thanks to improving macroeconomic conditions. For the six months to the end of June, the group's net asset value total return was 5.5%, ahead of the 3.6% delivered by its benchmark, which is a c
Read moreWitan Investment Trust recruits new investment director from Cayenne
18th Feb 2015 07:37
Witan Investment Trust has recruited the latest member of its investment team. The company has appointed James Hart as its new investment director. He will take on the role from the second-half of April 2015. Previously, Hart was employed by Cayenne Asset Management a co-manager of The Cayenne Trus
Read moreWitan Investment Trust appoints new UK portfolio manager
18th Jun 2013 07:55
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
Read moreBodycote CEO reduces stake by 200,000 shares
22nd May 2013 16:19
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
Read more888 director sells majority of stake despite strong 2012 results
14th Mar 2013 16:31
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
Read moreManager outperformance drives rise in NAV return at Witan Investment Trust
13th Mar 2013 07:44
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
Read moreWitan appoints Lansdowne Partners for global equity portfolio
17th Dec 2012 13:12
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
Read moreWitan Investment Trust outperforms benchmark in Q3
9th Nov 2012 08:28
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
Read moreXP Power Chairman buys up 4,000 shares
11th May 2012 16:34
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
Read moreLondon close: Footsie spins its wheels
15th Mar 2012 16:51
- 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
Read moreLondon midday: Stocks mark time ahead of US data
15th Mar 2012 12:02
- 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
Read moreWitan lagged its benchmark in tough 2011
15th Mar 2012 07:56
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
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