Merger offers hope to active fund management


A view of London’s skyline from the River Thames. — Reuters

THE summer of 2024 is turning into something of a heatwave of mergers for the UK market.

But for private investors, few will matter as much as last week’s announcement of a merger between two of the greats of the investment trust sector, Alliance Trust Plc and Witan Investment Trust Plc.

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UK , mergers , Alliance , Witan

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