The £2.5bn Alliance Trust board has said 2017 was a "transformational year" as it introduced its new investment structure and multi-manager approach, though analysts at Numis Securites remain concerned about lack of disclosure of the underlying performance of its individual managers.
In its full-year results to 31 December, the trust has returned 19.2% alongside a net asset value (NAV) total return of 15.5%, compared with its MSCI All Country World Index benchmark return of 13.8%....
Comes in on 9 December 2019
Latest news and analysis
Revealed – successes across all 11 categories
Letter from academics
'Digital transformation' of sector