Investment Trusts

Alliance Witan PLC

ALW:LSE

Alliance Witan PLC

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  • Price (GBX)1,260.67
  • Today's Change-1.33 / -0.11%
  • Shares traded47.01k
  • 1 Year change-4.20%
  • Beta0.8402
Data delayed at least 20 minutes, as of Feb 17 2026 09:40 GMT.
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About the company

Alliance Witan PLC is a United Kingdom-based investment trust. The Company’s objective is to be a core investment for investors that delivers a real return over the long term through a combination of capital growth and a rising dividend. The Company invests primarily in global equities across a wide range of different sectors and industries to achieve its objective. It aims to deliver long term growth in capital and income through investing in the world’s stock markets. Its portfolio is designed to be a core investment for retail investors, professionally advised private clients and institutions. The Company’s portfolio of investments in various sectors includes information technology, industrial, financials, healthcare, communication services, consumer discretionary, energy, consumer staples, materials, utilities, real estate, and stock picker cash. Its alternative investment fund manager is Towers Watson Investment Management Limited.

  • Revenue in GBP (TTM)190.90m
  • Net income in GBP133.11m
  • Incorporated1888
  • Employees0.00
  • Location
    Alliance Witan PLCRiver Court, 5 West Victoria Dock RoadDUNDEE DD1 3JTUnited KingdomGBR
  • Phone+44 138 293 8320
  • Fax+44 138 232 1185
  • Websitehttps://www.alliancewitan.com/
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Profile

Management group(s)Towers Watson Investment Management Limited
AIC sectorGlobal
ISINGB00B11V7W98
Launch date21 Apr 1888
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To be a core investment for investors that delivers a real return over the long term through a combination of capital growth and a rising dividend. The Company invests primarily in global equities across a wide range of different sectors and industries to achieve its objective.

Managed by

Mark Davis, Stuart Gray, Craig Baker

Management & contract fees

the management fee payable by ATST will be adjusted based on the Enlarged ATST’s market capitalisation. Specifically, the fee will be set at 0.52 percent per annum on the first £2.5 billion, 0.49 percent per annum on market capitalisation exceeding £2.5 billion but not exceeding £5.0 billion, and 0.46 percent per annum on any market capitalisation above £5.0 billion.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Ninety One PLC713.90m158.00m2.44bn1.27k13.345.3514.143.420.18220.18220.82310.45430.0555--2.98580,406.501.231.5729.4735.4385.3183.7922.1322.68----0.172770.690.3153-1.66-8.42-0.6916-19.97--
Quilter PLC4.63bn-1.00m2.53bn3.02k--1.80--0.5471-0.0018-0.00183.381.000.0735--7.431,533,643.00-0.00160.0783-0.00160.078698.8594.53-0.02164.43--1.220.1629160.2717.483.20-180.95---9.25-0.5567
Templeton Emerging Markets Inv Trust plc522.30m490.15m2.55bn0.005.471.12--4.880.48990.48990.51062.390.2273--37.80--21.337.0222.207.1696.0988.2593.8484.14----0.029835.6710.17--9.53----6.68
City of London Investment Trust plc356.99m342.12m2.86bn0.008.131.19--8.020.69380.69380.72324.730.151--26.10--14.4710.5314.6810.6896.4195.0795.8394.17----0.047344.7514.95--15.03----2.31
RIT Capital Partners plc342.70m267.60m3.01bn64.0011.650.8149--8.791.871.872.4026.690.0834--2.575,618,033.006.515.526.935.9288.9192.6278.0976.59----0.086524.24163.20-0.8482361.42-2.28-12.942.78
Man Group PLC957.79m135.78m3.11bn1.78k23.492.9116.613.250.1150.1150.81370.92740.2775--2.15538,993.603.9310.464.6913.29----14.1826.13----0.21152.6922.775.2027.350.896112.261.88
JPMorgan Global Growth & Income PLC55.64m33.99m3.18bn0.0078.201.05--57.160.07340.07340.10885.470.0177--3.41--1.0810.631.0910.7373.8894.9661.0992.51----0.047633.93-90.2711.97-93.854.99--11.82
3i Infrastructure PLC564.00m422.00m3.20bn0.007.580.8508--5.670.45750.45750.61154.080.1369--188.00--10.2410.4210.3010.5384.0481.6574.8284.41--10.170.085129.753.218.64-4.038.25--6.58
Aberdeen Group PLC1.33bn329.00m3.90bn4.62k11.730.76498.722.930.18050.18050.73022.770.1343----287,941.103.323.203.333.3695.1994.3524.7419.94----0.096793.04-7.06-10.981,966.673.38-5.16-7.53
IG Group Holdings plc1.09bn380.40m4.60bn2.18k12.992.6810.494.221.051.053.015.100.363--2.43499,495.9012.6714.0016.1118.0698.0698.3134.9036.67----0.235647.819.2010.4323.639.61-20.121.79
Alliance Witan PLC190.90m133.11m4.80bn0.0030.410.9966--25.140.4150.4150.519512.660.0408--8.16--2.858.872.899.1582.7893.4869.7389.50--14.030.067719.93-15.62-1.52-18.17-2.22--13.85
ICG PLC1.14bn596.00m4.94bn686.008.351.898.044.352.032.033.889.000.1194--2.881,654,665.006.275.006.695.46----52.5248.50--22.800.721158.930.062520.13-3.4732.881.5910.32
Polar Capital Technology Trust plc2.18bn2.14bn5.50bn0.002.620.9121--2.531.881.881.885.400.4145--38.47--40.7311.6640.9711.8798.4593.3998.2692.54----0.0120.00-86.48-16.57-89.39-19.95----
Investec plc3.95bn633.65m5.78bn8.00k8.620.9732--2.580.71770.71772.546.51--------1.171.04--------31.1527.86------30.010.88799.163.6730.39-15.2427.11
F&C Investment Trust PLC400.13m349.30m5.96bn0.0017.631.08--14.890.71370.71370.823911.680.0646--9.24--5.649.125.689.2091.8294.1787.3091.44----0.093614.2580.318.0187.638.11--6.10
St James's Place PLC17.03bn512.60m6.31bn3.33k12.684.6811.420.37060.94450.944531.372.560.087----5,108,699.000.26180.1757--------3.012.28----0.227274.6436.919.494,044.5522.13-19.79-14.10
Data as of Feb 17 2026. Currency figures normalised to Alliance Witan PLC's reporting currency: UK Pound GBX

Institutional shareholders

12.53%Per cent of shares held by top holders
HolderShares% Held
Rathbones Investment Management Ltd.as of 10 Oct 202416.64m4.36%
Hargreaves Lansdown Fund Managers Ltd.as of 02 Feb 20266.08m1.59%
J. M. Finn & Co. Ltd.as of 02 Feb 20264.25m1.12%
BlackRock Investment Management (UK) Ltd.as of 02 Feb 20263.63m0.95%
Vanguard Asset Management Ltd.as of 31 Dec 20253.63m0.95%
Schroder & Co Bank AG (Private Banking)as of 02 Feb 20263.54m0.93%
Quilter Cheviot Ltd.as of 02 Feb 20262.95m0.77%
HSBC Global Asset Management (UK) Ltd.as of 02 Feb 20262.38m0.62%
Schroder Investment Management Ltd.as of 02 Feb 20262.36m0.62%
Legal & General Investment Management Ltd.as of 02 Feb 20262.33m0.61%
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Data from 30 Sep 2025 - 11 Feb 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
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