Sentence examples for alliance trust from inspiring English sources
Alliance Trust, based in Dundee, said last year's referendum was unsettling for shareholders and customers.
Cockerill goes for Alliance Trust, a £2.5bn global trust invested worldwide, with the US being the largest position.
Alliance Trust, one of the world's oldest investment trusts that was founded in Dundee in 1888, will now be comprised solely of non-executive directors.
Alliance Trust charges just pounds 2.50 and Selftrade is free.
Yet Alliance Trust investors tend to be a conservative bunch.
Former Alliance Trust director Tim Ingram said he was delighted with the outcome.
A spokesman for Alliance Trust said: "Alliance Trust has clearly set out its reasons for rejecting Elliott's request in its circular to shareholders last week.
Garrett-Cox, one of the City's most high profile women, will run Alliance Trust Investments (ATI), with separate boards created for ATI and Alliance Trust Savings.
Laxey's request has already had some effect as Alliance Trust is already actively buying back shares.
She joined Alliance Trust in 2007 and became chief executive in 2008.
