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| | Witan to cut work of its fund manager - Times Online |
 | | Witan’s board yesterday said it was seeking to appoint a chief executive mandated to improve the investment trust’s performance by selecting other fund managers. |
 | | Witan, a generalist investment trust launched in 1909, spreads its assets across the world’s equity markets, although it is skewed towards the UK. |
 | | The prospect of losing much of its Witan work, one its most important contracts, comes at an awkward time for Henderson as it is being lined up for flotation by AMP, which aims to spin off all its UK operations by the end of this year. |
| www.timesonline.co.uk /article/0,,5-865941,00.html (586 words) |
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