Edward Troughton, managing director of Alliance Trust Investments, is to leave the group to pursue another opportunity in the industry.
Alliance Trust Investments has appointed Kenny Watson and Dan Daldry to its bond team, reporting to head of fixed income Rod Davidson.
Katherine Garrett-Cox, chief executive of Alliance Trust, has said fund management groups should focus on areas of strength as opposed to running extensive fund ranges which struggle to gain traction.
The £3.2bn Alliance Trust has reported its results for the first half of the year, pointing to the success of its five-year overhaul plan as it wins its first segregated mandate during H1.
Over the past couple of years, the landscape of the wealth management sector has evolved markedly.