Witan typically uses between 8 and 12 investment managers.
- The blend of different active approaches and style aims to deliver added value for shareholders whilst smoothing out volatility normally associated with a single manager.
- We seek managers with talented and accountable leadership, clear and simple processes, disciplined decision making and concentrated portfolios with a high active share.
- We favour managers with a long-term outlook, generally low stock turnover and a focus on companies rather than macroeconomics.
- The executive team invests up to 12.5% of Witan's assets in specialist funds and new managers with good potential and, with the Board, is responsible for the management of gearing.