Alliance Witan

Alliance Witan operates a multi-manager model, appointing external sub-managers to manage discrete allocations of the global equity portfolio. Current sub-managers include GQG Partners, EdgePoint Wealth Management, and Brown Advisory, which was added in September 2025. The board and its investment committee oversee mandate design, manager selection, and ongoing monitoring rather than making individual security decisions.

The merger, completed in 2024, combined two long-established UK investment trusts to create a larger, more liquid vehicle that benefits from economies of scale. The combined trust gains a broader shareholder base, a larger pool of assets to allocate across sub-managers, and a maintained presence in the FTSE 100 Index. The deal also unified two firms that had both adopted externally delegated investment models.

Dean Buckley chairs the board. He was previously the chair of Alliance Trust before the merger. Andrew Ross, the former chair of Witan, is deputy chair. Sarah MacAulay has been designated as the successor chair of the board.

No. Alliance Witan does not employ an internal portfolio management team for its liquid equity portfolio. The trust delegates stock selection to a curated group of third-party sub-managers, retaining responsibility for strategic asset allocation, manager appointment, and governance at the board level. GQG Partners, EdgePoint, and Brown Advisory are among the named sub-managers.

The Association of Investment Companies designates Alliance Witan as an 'AIC Dividend Hero,' a status reflecting 59 consecutive years of annual dividend increases. This track record is a continuation of the dividend history originally established by Alliance Trust, which merged with Witan in 2024.

No. Alliance Witan is a publicly traded UK investment trust and a constituent of the FTSE 100 Index. It is a listed closed-end fund whose shares are available to retail and institutional investors on the London Stock Exchange. It does not serve a single family or private wealth group.

Alliance Witan is linked to the Alliance Trust Foundation, a philanthropic entity that originally operated alongside the Alliance Trust side of the merged organization. The foundation's activities are maintained separately from the investment trust's commercial operations.