Alliance Trust

Company News

27 Nov 2015 / Company News

Alliance Trust Director Steps Down

It was announced this morning (27/11/2015) that Karin Forseke, Chair of Alliance Trust, will step down in January 2016. Gregor Stewart will take over as Chairman. Alliance Trust…

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Company News

3 Nov 2015 / Company News

Alliance Trust Investor Forum Report

Yesterday I attended the Investor Forum held by Alliance Trust in London. There were about 350 attendees with the usual audience of investment trust shareholders, many of whom…

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Company News

1 Oct 2015 / Company News

Alliance Trust Announcement and ATSAG Response

Alliance Trust Plc have today announced a number of changes “to enhance shareholder value” as they put it. It includes a more focussed investment mandate, a reduction in…

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Company News

22 Sep 2015 / Company News

Elliott Raises Stake in Alliance Trust

Elliott Advisors have raised their stake in Alliance Trust to 14%. After a battle before the last Annual General Meeting of Alliance, the company effectively conceded defeat by…

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Company News

24 Jul 2015 / Company News

Alliance Trust Results

Yesterday (23/7/2015) Alliance Trust (ATST) announced its results for the six months to 30 June 2015. The results were disappointing with a net asset value (NAV) total return…

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Regulations and Law

6 Jul 2015 / Regulations and Law

Defeating Shareholder Democracy at Alliance Trust et al

The existing shareholding arrangements in public companies, with many investors in nominee accounts, now effectively frustrate shareholder democracy. Alternatively they make it either very difficult in practice, or…

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Company News

18 Jun 2015 / Company News

Charles Stanley and Alliance Trust

Stockbroker Charles Stanley (CAY) today announced their Preliminary Results for the year ending in March, and also announced they had exchanged contracts for the disposal of the CSS…

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Company News

15 May 2015 / Company News

Alliance Trust Stocktrade Acquisition and Sexism in the City

Yesterday (15/5/2015), Alliance Trust announced the acquisition of the Stocktrade service from Brewin Dolphin which will be integrated into the Alliance Trust Savings (ATS) subsidiary. The acquisition will…

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Company News

12 May 2015 / Company News

Shareholder Action Group Launched for Alliance Trust

Following the Annual General Meeting of Alliance Trust (ATST) where the Board conceded the appointment of new directors subsequent to the requisition by Elliott Advisors, ShareSoc has been…

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Company News

30 Apr 2015 / Company News

Alliance Trust AGM – Will Dundee cake suffice?

These are some initial impressions of the Alliance Trust AGM in Dundee yesterday – a full report can be found here. It was not quite as exciting as…

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Company News

17 Apr 2015 / Company News

Governance in Investment Trusts – Alliance Trust, Baronsmead VCT 3 and the Core VCTs

The battle for the soul of Alliance Trust continues – or so their Chairman would have it. But even institutional proxy advisors ISS and PIRC have now come…

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Company News

2 Apr 2015 / Company News

An Analysis of the Alliance Trust Defence

ShareSoc has now issued a fuller analysis of the case for change at Alliance Trust, and the defence notes issues by Alliance Trust. It is present in this…

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