Witan’s net assets up 11% in first half but investors focused on Alliance Trust mega-merger
Shares in Witan Investment Trust (WTAN) were marginally lower in morning trading at 263p as the investment trust reported a 11% increase in NAV slightly underperforming its composite global benchmark for the six months ending 30 June 2024.
The trust attributed the NAV increase due to the strength of some of the company's portfolio which had exposure to some of the largest US technology companie...