Alliance Trust

Alliance Trust may be faced with more hostile corporate action after a US hedge fund declared a 10% stake.

The average investment trust discount is now close to the lowest it has been for over 30 years. Tim Cockerill, investment director at Rowan Dartington, asks if the trend is down to RDR.

Alliance Trust Savings (ATS) has signed an agreement with technology firm GBST to provide administration for the wrap.

Alliance Trust Savings (ATS) is offering £150 cash back to customers who open a new account and transfer their investment from another provider to an ATS ISA or individual dealing account (IDA).

Alliance Trust Savings (ATS) is increasing the annual administration fee for the platform by up to £35 from the start of February.

Laura Dew and Ruth Gillbe report from Investment Week's Environment, Ethical, Social and Governance (ESG) Investment Conference and Awards, held in London on 26 November.

THE BIQ QUESTION

Alliance Trust has suffered a slowdown in returns in the third quarter which it said was due to its high allocation to US equities.

ETHICAL

Edward Troughton, managing director of Alliance Trust Investments, is to leave the group to pursue another opportunity in the industry.