14 new names added to Alliance Trusts platform
Alliance Trust Savings has added 14 fund managers to its investment platform, growing the number of clean share class funds to more than 2,000 ahead of its target.
Alliance Trust Savings has added 14 fund managers to its investment platform, growing the number of clean share class funds to more than 2,000 ahead of its target.
We all have the ability to look back in history with rose-tinted glasses especially to the periods when we were growing up (the 1970s in this case), even if that means remembering those skin-tight flares, platform shoes and black and white TVs.
Alliance Trust had its best Q1 for 15 years due to strong global equity performance and limited exposure to the UK market.
Alliance Trust increased its dividend by 7% in 2012, its 46th consecutive annual increase, following a year of portfolio restructuring and team consolidation.
Alliance Trust Savings (ATS) has expanded its platform intermediary sales force to eight members and appointed a marketing communications head as part of a “major push” for 2013.
While stock markets and economies continue to diverge from each other, George Renouf argues that well-managed companies are still the driver of returns as long as investment strategists remain patient.
At the Portfolio Adviser Expert Investor US event, the wealth manager delegates heard about the lack of impact they could expect from the fiscal cliff that will be reached on – or pushed back from – 1 January next year.
Alliance Trust has completed a major portfolio restructuring which has seen its number of holdings reduced by 50% and, for the first time in 27 years, its largest holding a firm listed outside the UK.
The £2.5bn Alliance Trust increased its exposure to the US and information technology when restructuring its portfolio over the summer, the latest interim management statement shows.
Alliance Trust Investments has launched a dynamic bond fund to be managed by Stuart Steven and Juan Valenzuela and targeted primarily at the institutional and DFM markets.
George Renouf restates his commitment to equities despite global equities suffering a year-long decline with more volatility to come.
Juan Valenzuela has taken up a role with Alliance Trust, calling time on a six-year career with Scottish Widows Invetment Partnership.