Alliance Trust

Dundee-based Alliance Trust has officially changed its name to Alliance Witan following its merger with Witan Investment Trust. This represents the UK’s largest ever investment trust merger, and the London Stock Exchange has formally admitted Alliance Witan plc (LSE: ALW) to the exchange

Alliance Trust discusses the recent market shocks experienced during the August turbulence, which was marked by a sharp initial decline followed by a rebound. The Dundee-headquartered investment firm attributed the volatility to several factors, including worries about slowing economic growth in the

Alliance Trust has reported a positive performance for the first half of 2024, with increases in both share price, up 9% to 1,212p, and NAV per share, up 8.4% to 1,273.9p. The company's total returns slightly underperformed against the benchmark MSCI ACWI index, primarily due to lower holdings in te

Dundee-headquartered Alliance Trust PLC and Witan Investment Trust plc have announced they are merging to create Alliance Witan PLC. This move follows Witan CEO Andrew Bell's retirement and a strategic review of its investment management by the board of Witan. The merged entity will have £

Dundee-based Alliance Trust has shifted part of its outsourced stock picking, from Jupiter Fund Management to ARGA Investment Management. This follows the January 2024 exit of Jupiter stock picker Ben Whitmore, who left Jupiter to start his own firm – Brickwood Asset Management.

Alliance Trust PLC has declared a fourth interim dividend of 6.34p per share, marking the Dundee-headquartered fund manager's 57th consecutive annual increase. The increase is up 5.7% on the equivalent dividend of 6.00p paid in the same period in the last financial year. This brings the total divide

Dundee-based investment firm Alliance Trust has announced that its investment manager, Willis Towers Watson (WTW), has appointed Dalton Investments LLC (Dalton) as a new Stock Picker for its multi-manager global equity portfolio. Dalton will receive a 4% allocation of capital funded by a r

Stock pickers from Scottish investment firm Alliance Trust have warned global economies could be heading into a recession, emphasising the role astute stock selection can play in this turbulent financial climate.

At its 135th AGM held at V&A Dundee, Alliance Trust reported outperforming competitors with a net asset total return of -7.1% and a total shareholder return of -5.8% in a challenging year for global equity markets. The firm's average total shareholder return surpassed its peer group's -23.2% and

Alliance Trust PLC has announced its results for the year ended 31 December 2022 posting a Net Asset Value (NAV) total return of -7.1% and declaring a fourth interim dividend of 6.0p per share bringing its full year dividend to 24.0p. This is a 26% increase on the prior year and the 56th consec

A canvass of views from Alliance Trust’s team of nine stock pickers underlines the challenges when looking for growth or value or both in 2023.

Alliance Trust has published its 2022 Interim Report and announced its second interim dividend for 2022. Despite the share price contracting from 1032p as at 31 December 2021 to 904p as at 30 June 2021, the trust reports steady performance for these market conditions and has decided to increase

Stuart Gray, senior director of investments at Willis Towers Watson and manager of Dundee-based Alliance Trust, discusses the risks of diworsification. Most investors are familiar with the term diversification – avoiding risk in an investment portfolio by ensuring a spread of assets. Diworsifi

Dundee-based Alliance Trust has announced a 32.5% dividend increase as it revealed strong full-year results for 2021. In 2021, the company's total shareholder return amounted to 16.5%, while its NAV total return stood at 18.6%. The company's benchmark index returned 19.6%.

Supply chain disruption, inflation and interest rate rises are the key concerns in 2022 for the fund managers which select stocks for Dundee-based Alliance Trust’s global equity portfolio. The measure of any portfolio’s strength, however, is in how it is set up to deal with these challen