Witan appoints GQG Partners to manage EM mandate

Follows revision of benchmark in December

The £1.9bn multi-manager Witan investment trust has appointed GQG Partners to run the segregated emerging markets portfolio for the vehicle, as it increases its focus on the region.

GQG Partners will be one of Witan's multi-managers - alongside well-known names Lindsell Train, Artemis and MFS - and will join running an initial allocation of £70m, representing approximately 4% of the company's net assets. The firm is an employee-owned investment boutique formed in June last year by Rajiv Jain, who will be lead manager on the Witan mandate. As of 31 December, the group managed £615m for clients across global, international and emerging market equities.  GQG employs a quality growth approach to investing, with an investment horizon of five years or longer. The portf...