Garrett-Cox: Reinventing 'the most boring company in the FTSE'

Reinventing 'the FTSE's most boring company'

Alliance Trust chief executive Katherine Garrett-Cox explains to Hardeep Tawakley how she turned the sleepy Scottish giant into an altogether different beast.

It was just over a month ago, as Scottish voters headed to the polls to decide on independence, that a moment of truth arrived for the chief executive and chief investment officer of Alliance Trust, Katherine Garrett-Cox.  The Dundee-headquartered group was one of only a handful of asset managers that had been vocal in their preparations for a potential ‘yes’ vote – including a contingency plan consisting of the establishment of two London-listed businesses to safeguard clients’ interests. Such preparation was essential, as a ‘yes’ vote could have thrown the 126-year-old business’ str...