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Witan Investment Trust invests in Latitude Investment Management’s Global Long Only Equity

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Witan Investment Trust (‘Witan’) is investing in Latitude Investment Management’s Global Long Only Equity strategy.

Witan’s investment follows the publication of its Annual report in which it said that up to 2.5 per cent of its assets may be allocated in smaller mandates to third party managers which are more newly-established.
 
Witan is one of the UK’s largest investment trusts, managing GBP2.1 billion on behalf of over 25,000 investors via a multi-manager structure.
 
Freddie Lait (pictured), CIO and Founder of Latitude, says: “‘I am delighted that we have won this institutional mandate. It builds on our marketing efforts to date, and our desire to have a diversified client base across both wealth managers and institutions. The Global Long Only Equity strategy is a great opportunity to broaden our offering to clients and we have received very positive feedback on our fundamental investment process.”

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