How and why Alliance Trust and Witan have joined forces

Kyle finds out from the investment manager of Alliance Trust how it will combine with Witan, which is the largest-ever investment trust merger.

16th October 2024 11:18

by the interactive investor team from interactive investor

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Kyle finds out the reasons for the largest-ever investment trust merger involving Alliance Trust and Witan, which have combined to form Alliance Witan (LSE:ALW). Joining Kyle to explain how the two trust portfolios will be blended is Craig Baker, global chief investment officer at Willis Towers Watson, the investment manager for Alliance Trust.

On The Money is an interactive investor (ii) podcast. For more investment news and ideas, visit https://www.ii.co.uk/stock-market-news.

Kyle Caldwell is funds and investment education editor at interactive investor.

These articles are provided for information purposes only.  Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties.  The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.

Full performance can be found on the company or index summary page on the interactive investor website. Simply click on the company's or index name highlighted in the article.

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