Alliance Trust

Dundee-based investment company Alliance Trust has announced its investment manager, Willis Towers Watson, has dropped First Pacific Advisers (FPA) and appointed Lomas Capital Management to manage part of its portfolio. Alliance Trust said New York-based Lomas "does not identify with a particular pr

Dundee-based investment firm Alliance Trust is on track its 54th annual dividend increase after a successful six months despite the turbulence of the coronavirus pandemic. The interim dividend is expected to be 3.595p, an increase of 3% year on year. The bank's six-month results to June 30 202,

Craig Baker, chairman of the Alliance Trust investment committee and Global CIO at Willis Towers Watson, discusses what the financial sector can learn from past economic crises.  Alliance Trust was founded in 1888 and been tested before in many major crises before the COVID-

Dundee-based investment company Alliance Trust has announced its first interim dividend of 3.595p per share payable for the year ending 31 December 2019, marking a 3% increase in the firm's dividend payout for the 53rd consecutive year. The payout follows the announcement made in March tha

Dundee-based investment company Alliance Trust has posted its annual results which reveal the company's outperformance in 2019. The Trust’s Total Shareholder Return for 2019 was 24.3% (2018: -6.1%) and the Trust’s Net Asset Value (NAV) Total Return1 was 23.1% (2018: - 5.4%) versus 21.7%

Lord Smith of Kelvin has stepped down as non-executive chairman of Alliance Trust from today, the investment and financial services company has announced. Lord Smith, who has led the board since 2016, has been succeeded by deputy chairman Gregor Stewart, whose post will be left vacant.

The Dundee-headquartered investment company Alliance Trust has announced the appointment of Vulcan Value Partners (VVP) as its ninth equity manager. Willis Towers Watson (WTW) was appointed to oversee the investment portfolio two years ago and has overseen eight global equity managers who each have

An optimistic AGM of the Alliance Trust in Dundee yesterday heard chairman Lord Smith of Kelvin deliver an upbeat report on a year of progress. US activist shareholder Elliott had been bought out in a £600 million deal in February and since then much had been done to restructure the business with t

Alliance Trust has announced that it has purchased for cancellation 2,375,012 ordinary shares of 2.5p each at a price of 618.5223p per share. The move means that the total number of voting rights in the company is now 507,807,781.

Dundee-based Alliance Trust has announced the sale of its investment arm to Liontrust Asset Management as part of a strategic review aimed at enhancing the firm's value to shareholders. Alliance Trust Investments currently employs about 200 people in London and Edinburgh.

The Rothschild family's RIT fund is likely to face rival challenges in its merger bid with the Dundee-based Alliance Trust, city analysts have predicted. Stephen Peters, investment trust expert at wealth manager Charles Stanley, told the Financial Times: "We should expect more proposals. Two billion

Tim Tookey Alliance Trust Savings has appointed Tim Tookey as chair of the Alliance Trust Savings Board.

Lord Smith of Kelvin Shares in the Dundee-based Alliance Trust rose by over 3 per cent this morning following the news of a takeover approach by Jacob Rothschild’s RIT Capital Partners.

Katherine Garret-Cox Former Alliance Trust director Tim Ingram has followed up the open letter he addressed to shareholders in the Dundee firm last week and further turned up the heat on the investment house’s current board by claiming that chief executive Katherine Garrett-Cox’sremuneration can

Alliance Trust chief executive Katherine Garrett-Cox, who is currently embroiled in an increasingly bitter dispute with an American activist investor to shake up the Dundee-based firm’s board, has now been short-listed for a prestigious national award. She is in the running for the Veuve Clicquot