Alliance Trust may find inertia its most powerful weapon in the attempt to fight off Elliott Advisors' proposals for change at the company.
'We have West Coast capitalism, not US holdings.'
Despite the relentless rise of US equity markets since the financial crisis, the country's most famous investor, Warren Buffett, has stuck to his decades-long discipline of holding a large cash pile for a rainy day.
The term ‘robo-advisor' has been around in the US for the past six or seven years. It usually refers to online investment management sites that run portfolios through unique algorithms or, to put it another way, take the human element out of investing....
China fund managers are preparing for ‘controversial' changes to the benchmark index, which could also prompt adjustments to Investment Association definitions.
Last week, Neptune announced an overhaul of its research and business operations following disappointing fund performance in recent years.
Alliance Trust's head of equities, Peter Michaelis, said an increased focus on sustainability has driven a number of significant changes to the group's £2.5bn flagship global trust over recent months.
Quarterly and annualised UK growth figures for Q4 2014 have narrowly missed expectations after the construction sector underwhelmed at the end of the year.