Alliance Trust

Elliott Advisors has responded to Alliance Trust's formal circular to shareholders, rejecting the company's claims and accusing its board of resorting to "personal attacks".

Lawrence Gosling with head of fixed income Rod Davidson

Hedge fund Elliott Advisors' call for a shake-up of the Alliance Trust board represents more than a straightforward corporate dispute, writes Abraham Okusanya. It has implications for adviser platform due diligence...

What to do about Alliance Trust

Hedge fund Elliott Advisors has said it is "surprised and disappointed" by Alliance Trust's response to its proposals for a shake-up of the trust's board.

Rathbones' multi-asset head David Coombs has said the UK's largest investment trusts must reconsider their branding and investment strategies if they are to attract more interest from fund buyers.

Alliance Trust has cut its ongoing charges figure (OCF) by 20% as part of its focus on cost-cutting.

Witan investment trust has become the tenth investment trust to grow its annual dividend for 40 consecutive years, according to the Association of Investment Companies.

Alliance Trust's head of equities, Peter Michaelis, said an increased focus on sustainability has driven a number of significant changes to the group's £2.5bn flagship global trust over recent months.