Alliance Trust Investments has appointed Kenny Watson and Dan Daldry to its bond team, reporting to head of fixed income Rod Davidson.
Katherine Garrett-Cox, chief executive of Alliance Trust, has said fund management groups should focus on areas of strength as opposed to running extensive fund ranges which struggle to gain traction.
The £3.2bn Alliance Trust has reported its results for the first half of the year, pointing to the success of its five-year overhaul plan as it wins its first segregated mandate during H1.
Over the past couple of years, the landscape of the wealth management sector has evolved markedly.