Alliance Trust CEO Garrett-Cox steps down
Alliance Trust’s chief executive Katherine Garrett-Cox has stepped down from the investment company’s board as part of a shareholder triggered shake-up.
Alliance Trust’s chief executive Katherine Garrett-Cox has stepped down from the investment company’s board as part of a shareholder triggered shake-up.
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Alliance Trust has outlined its intention to implement changes to the business despite AUA jumping 12% in H1 2015.
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Alliance Trust has bought Brewin Dolphin’s execution-only Stocktrade business for £14m pounds in a bid to further strengthen its position as a platform provider.
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The battle between the Alliance Trust board and major shareholder Elliott Advisors has been brought to an end before tomorrow’s AGM in favour of the US activist firm.
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Alliance Trust chair, Karin Forseke has taken to the pulpit, appealing to shareholders to vote against resolutions proposed by activist investors Elliott Advisors, at the firms April 29 AGM.
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Alliance Trust chair, Karin Forseke has taken to the pulpit, appealing to shareholders to vote against resolutions proposed by activist investors Elliott Advisors, at the firm’s April 29 AGM.
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Alliance Trust has received a major blow in its battle with major shareholder Elliott Advisors as the influential shareholder advisory and proxy Institutional Shareholder Services revealed its support for Elliott’s position.
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Alliance Trust has received a major blow in its battle with major shareholder Elliott Advisors as the influential shareholder advisory and proxy Institutional Shareholder Services revealed its support for Elliotts position.
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US hedge fund Elliott Advisors is cranking up the pressure on Alliance Trust as it seeks a shake-up of the board and strategy.
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Alliance Trusts board has unanimously rejected a proposal from major shareholder Elliott Advisors to add three new members.
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Alliance Trusts board has unanimously rejected a proposal from major shareholder Elliott Advisors to add three new members.
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As uncertainty ahead of the September referendum grows, Alliance Trust has prepared first steps to leave its base.
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