LONDON, UK: The boards of Alliance Trust PLC and Witan Investment Trust plc announced that the companies have entered into heads of terms for a combination of the two companies to create Alliance Witan PLC. This follows a comprehensive strategic review by the board of Witan of its investment management arrangements. The combination will build…
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Witan Investment Trust CEO, Andrew Bell, to retire
LONDON: Witan Investment Trust plc has announced that its CEO, Andrew Bell, plans to retire within the next year. In light of this, the Board is seizing the chance to reassess the trust’s investment management strategy and is open to receiving new proposals for managing its portfolio. Chairman Andrew Ross reflects on Witan’s strategic evolution…