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Alliance Trust moves overweight Japan with Dalton

Alliance Trust plc, the £3.3 billion Dundee investment trust company, announced that its investment manager Willis Towers Watson (WTW) has appointed Los Angeles-based Asia investment specialist…















Robert Smith steps down at Alliance Trust

Dundee-based investment firm Alliance Trust, which appointed external asset managers Willis Towers Watson in 2017, said on Thursday that Scottish boardroom veteran Robert Smith has decided…


Alliance Trust beats index with 16.8% H1 return

Dundee-based investment firm Alliance Trust, which appointed external asset managers Willis Towers Watson (WTW) in 2017, said on Thursday its total shareholder return (TSR) was 16.8%…



Alliance Trust trails index but lifts dividend

Dundee-based investment firm Alliance Trust, which appointed external asset managers Willis Towers Watson (WTW) in April 2017, said on Friday it underperformed its benchmark in 2018….


Alliance Trust Savings sold for £40m

Dundee-based investment firm Alliance Trust said on Monday it agreed the sale of its subsidiary company Alliance Trust Savings (ATS) to Interactive Investor (ii), the…





Shareholders OK Alliance Trust £630m buyback

Dundee-based investment firm Alliance Trust said its shareholders approved its radical plans to outsource its equity portfolio management and buy back the 19.75% stake of its biggest shareholder, US activist hedge fund…


‘Major problems’ if Alliance Trust loses vote

ShareSoc, the UK Individual Shareholders Society, warned of “major problems” for Dundee-based investment firm Alliance Trust if shareholders do not support the firm’s board in its radical plans to outsource its equity portfolio…


Elliott mulls Alliance Trust outsourcing, sale plan

Dundee-based investment firm Alliance Trust has announced a radical strategic plan that includes the outsourcing of equity portfolio management and the sale of investment division Alliance Trust Investments to Liontrust…


Alliance Trust hit by Brexit turbulence

Dundee-based investment trust firm Alliance Trust said its investments had underperformed its benchmark in the six months to June 30 “reflecting the turbulent market conditions around the…




Rothschild merger approach to Alliance Trust

Dundee-based investment trust firm Alliance Trust has received an informal merger approach from the investment trust of British financier Jacob Rothschild to create a quoted…


Alliance Trust appoints ex-journalist to board

Dundee-based investment trust company Alliance Trust has appointed former journalist Clare Dobie as an independent non-executive director. The appointment follows a vow made in March by new…


Alliance Trust to address gender diversity

New Alliance Trust chairman Robert Smith on Friday vowed to address the lack of gender diversity on the Dundee-based investment firm’s plc board as he delivered his first…


Garrett-Cox to leave Alliance Trust

Dundee-based investment trust company Alliance Trust said on Monday that Katherine Garrett-Cox, CEO of its subsidiary Alliance Trust Investments (ATI), would stand down as chief executive of ATI on March…


Robert Smith new chairman of Alliance Trust

Dundee-based investment trust company Alliance Trust said it appointed veteran Scottish financier and businessman Robert Smith, Lord Smith of Kelvin, as its new chairman. Alliance Trust,…


Alliance Trust chair to leave

Dundee-based investment firm Alliance Trust, under pressure from US activist shareholder Elliott Advisors to restructure, said on Friday that its chair Karin Forseke (above) will leave her post on…




Abrdn and XPS to launch pensions master trust

XPS Pensions Group plc, the pensions actuarial, consulting and administration business, said it has entered a strategic alliance with Edinburgh-based investment giant Abrdn plc to…











Scottish National Investment Bank CEO resigns

The Scottish National Investment Bank announced on Friday that chief executive officer Eilidh Mactaggart has resigned. No reason was given for the departure. Chief financial…







More scrutiny for £2bn Green Bank sale

Updated — The proposed sale of the UK government’s Edinburgh-based Green Investment Bank (GIB) for up to £2 billion is facing increased political scrutiny following allegations that…


‘Three bidders’ for £4bn Green Investment Bank

Up to three groups are expected to bid for Edinburgh-based UK Green Investment Bank by Monday’s deadline, according to Bloomberg News. Bloomberg said Sustainable Development Capital LLP is leading…




Edinburgh Council to sell Atria for £100m

The City of Edinburgh Council has put the prestigious Atria office development in the heart of the Scottish capital’s Exchange financial district on the market for…





Iomart, Glasgow cloud firm, in board changes

Glasgow-based cloud computing firm Iomart Group announced the appointments of Annette Nabavi and Adrian Chamberlain as independent non-executive directors of the company. Following six years on…