Witan Pacific Investment Trust
| Public (LSE: WPC) | |
| Industry | Investment management |
| Founded | 1907 |
| Headquarters |
 London, UK |
Key people |
Gillian Nott OBE (Chairman) Sarah Bates (Board member) Alan Barber (Board member) Diane Seymour-Williams (Board member) Dermot McMeekin (Board member) |
| Website | www.witanpacific.com |
Witan Pacific Investment Trust plc (Witan Pacific) is a multi-managed investment trust offering a portfolio of equity investments in the Asia Pacific region including Japan. Witan Pacific is listed on the London Stock Exchange.
History
A brief history of the trust:[1]
- 1907 The company began its life as General Investors and Trustees Ltd (GIT) investing in a diverse range of assets
- 1929 Wall Street Crash. GIT avoided the worst, having shifted out of equities and into cash, Treasury bills and British Government Securities
- 1975 GIT merged with City and Gracechurch Investment Trust
- 1984 Under the management of F&C GIT was renamed F&C Pacific Investment Trust to reflect a new Asian Pacific investment policy
- 2005 Witan Investment Services takes on the executive manager role and a multi-manager approach is adopted using Aberdeen and Normura Asset Management UK Ltd as investment managers.[2] The Company’s name is changed to Witan Pacific Investment Trust plc.
- 2012 The Company replaces Nomura with two new investment managers; Matthews and GaveKal, having three investment managers in total.[3]
Operations
Witan Pacific invests in companies operating across the Pan-Asian region, including Japan, China, Australia and India. Its portfolio is actively managed by three managers, with Witan Investment Services acting as executive manager to manage and monitor the outsourced structure and relationships and to assist the board on investment strategy and marketing.
See also
References
- ↑ Witan Pacific History
- ↑ Smith, Amanda (2007-10-07). "Managers deliver on Witan Pacific". London: Money Marketing. Retrieved 2013-06-28.
- ↑ "Witan Pacific appoints two new managers and opens up a wider range of opportunities in the region". Witan Pacific Investment Trust. Retrieved 2013-06-28.