Witan (WTAN) / Scottish Mortgage (SMT)
Posted: September 19th, 2019, 6:16 pm
"Witan...has reviewed its asset allocation and decided it will almost halve its holdings in British shares from 30% of the trust’s total to 15% with effect from next January. This is down from a peak of 60% 15 years ago."
https://citywire.co.uk/investment-trust ... ider+Daily
"A spokesman burbled: ‘Our managers invest in companies on the basis of their shares’ potential to deliver above-average returns and to outperform market indices."
"Scottish Mortgage (SMT) is even more UK-averse, with only 1.6% of assets allocated here compared to 40% in the United States of America and 17% in China."
https://citywire.co.uk/investment-trust ... ider+Daily
"A spokesman burbled: ‘Our managers invest in companies on the basis of their shares’ potential to deliver above-average returns and to outperform market indices."
"Scottish Mortgage (SMT) is even more UK-averse, with only 1.6% of assets allocated here compared to 40% in the United States of America and 17% in China."