Alliance Trust has appointed Robert Smith, Lord Smith of Kelvin, as its new chairman.
The move comes after several changes on the board of the trust last year following a shake-up by activist investors Elliott Advisers, which resulted in two new non-executives being appointed last year. ...
Forcing KIID and prospectus changes
Countdown to 31 October
The Woodford Income Focus fund (WIFF) lost a third of its assets in the month of June alone, as investors continued to flee from funds managed by Neil Woodford, according to data provider Morningstar.
Artemis and Woodford
Broadening reach to wider audience