Latitude mulls global equity launch after taking on tranche of Witan Investment Trust

Possible addition to company's Horizon fund

clock • 4 min read

Latitude Investment Management's Freddie Lait has said the boutique would consider adding a long-only global equities fund to its current stable of one – the Latitude Horizon fund – having been handed a tranche of the Witan Investment Trust to manage last year.

Lait, chief investment officer and founder of Latitude IM, who spun the company out of Odey Asset Management in October 2016, told Investment Week the firm may add a global equity fund at some point in the future should the Witan venture be a success. Latitude added a managed account in April 2018 when Witan invested a small portion of its multi-manager portfolio in Latitude's global equity strategy, part of the absolute return Horizon fund. The portfolio Latitude runs for Witan is a carbon copy of the equity part of the Horizon fund, which accounts for half of the fund's assets. Howe...

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