Almost 18 months since its new multi-manager structure was implemented following a lengthy strategic review and the buyback of a 20% stake from US activist hedge fund Elliott Advisors, the £2.7bn Alliance Trust has seen a pick-up in performance and ratings.
However, the board remains determined to reassure those investors who are still wary of its chequered past. The multi-manager approach - which was introduced in April 2017 - saw Willis Towers Watson...
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