Dundee-based investment company Alliance Trust has posted strong half-year results with the company confirming a second quarterly dividend of 3.702p – an increase of 3% on last year. The company's Net Asset Value (NAV) Total Return reached 14.8% in the second quarter of this year, outperf
Alliance Trust
Dundee-based investment company Alliance Trust increased its total ordinary dividend by 3% in 2020, marking the 54th consecutive annual rise for the firm. The news comes as Alliance Trust posted its annual results for the year ended 31 December 2020.
Two-thirds (66%) of investors aged 18-34 began to invest for the first time last year as lockdown made their finances a top priority, research from Dundee-based investment company Alliance Trust Plc has revealed. A third (33%) of younger people who began investing in 2020 said they did so because CO
More than half of Brits (56%) believe investing 'is too much of a gamble' for them right now according to research by Dundee-headquartered investment firm Alliance Trust. A fear of losing money was the top reason Brits did not invest their savings, with a third (32%) of those who currently do not in
Dundee-based investment company Alliance Trust has announced its investment manager, Willis Towers Watson, has dropped First Pacific Advisers (FPA) and appointed Lomas Capital Management to manage part of its portfolio. Alliance Trust said New York-based Lomas "does not identify with a particular pr
Dundee-based investment firm Alliance Trust is on track its 54th annual dividend increase after a successful six months despite the turbulence of the coronavirus pandemic. The interim dividend is expected to be 3.595p, an increase of 3% year on year. The bank's six-month results to June 30 202,
Craig Baker, chairman of the Alliance Trust investment committee and Global CIO at Willis Towers Watson, discusses what the financial sector can learn from past economic crises. Alliance Trust was founded in 1888 and been tested before in many major crises before the COVID-
Dundee-based investment company Alliance Trust has announced its first interim dividend of 3.595p per share payable for the year ending 31 December 2019, marking a 3% increase in the firm's dividend payout for the 53rd consecutive year. The payout follows the announcement made in March tha
Dundee-based investment company Alliance Trust has posted its annual results which reveal the company's outperformance in 2019. The Trust’s Total Shareholder Return for 2019 was 24.3% (2018: -6.1%) and the Trust’s Net Asset Value (NAV) Total Return1 was 23.1% (2018: - 5.4%) versus 21.7%
Lord Smith of Kelvin has stepped down as non-executive chairman of Alliance Trust from today, the investment and financial services company has announced. Lord Smith, who has led the board since 2016, has been succeeded by deputy chairman Gregor Stewart, whose post will be left vacant.
The Dundee-headquartered investment company Alliance Trust has announced the appointment of Vulcan Value Partners (VVP) as its ninth equity manager. Willis Towers Watson (WTW) was appointed to oversee the investment portfolio two years ago and has overseen eight global equity managers who each have
An optimistic AGM of the Alliance Trust in Dundee yesterday heard chairman Lord Smith of Kelvin deliver an upbeat report on a year of progress. US activist shareholder Elliott had been bought out in a £600 million deal in February and since then much had been done to restructure the business with t
Alliance Trust has announced that it has purchased for cancellation 2,375,012 ordinary shares of 2.5p each at a price of 618.5223p per share. The move means that the total number of voting rights in the company is now 507,807,781.
Dundee-based Alliance Trust has announced the sale of its investment arm to Liontrust Asset Management as part of a strategic review aimed at enhancing the firm's value to shareholders. Alliance Trust Investments currently employs about 200 people in London and Edinburgh.
The Rothschild family's RIT fund is likely to face rival challenges in its merger bid with the Dundee-based Alliance Trust, city analysts have predicted. Stephen Peters, investment trust expert at wealth manager Charles Stanley, told the Financial Times: "We should expect more proposals. Two billion