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ATST Alliance Trust Plc

1,214.00
0.00 (0.00%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Alliance Investors - ATST

Alliance Investors - ATST

Share Name Share Symbol Market Stock Type
Alliance Trust Plc ATST London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1,214.00 00:00:00
Open Price Low Price High Price Close Price Previous Close
1,214.00 1,214.00
more quote information »
Industry Sector
EQUITY INVESTMENT INSTRUMENTS

Top Investor Posts

Top Posts
Posted at 28/4/2015 17:25 by meijiman
Well at least the pressure is on/I think the new investment strategy will take time to prove itself. Need to sit down with a pipe to think this through.Lots of small investors but the board will note the views of the large holders.
Posted at 30/3/2015 09:50 by glynedwards
This all depends on whether you are a Carpetbagger or a long term investor. I think the long term performance has been fine and so I will vote with management and against the short termers.
Posted at 29/3/2015 11:26 by gilston
Open letter to investors from Tim Ingram [non exec director 2010-12] described by S.Times today as a "bombshell" for its criticism of Trust`s performance & remuneration levels.
Posted at 16/3/2015 22:18 by mw8156
just wondering how hargreaves makes it to the FTSE100 whereas alliance trust savings is still in the build phase and loss making though their rates are so much better than Hargreaves' for the private investor who doesn't trade v much.
Posted at 30/10/2014 19:48 by topvest
Isn't it time for a new CEO or investment manager at Alliance Trust? Her performance has been poor in my view and she is paid too much money for the below benchmark returns that have been generated. She also seems to rotate her investment teams far too quickly (i.e. they leave...why?). The blame for the mediocre performance and strategy has to rest with the CEO. Time to go before this great institution is ruined by activist investors.
Posted at 19/10/2009 08:48 by miata
Last week, Alliance bought in 4.85 million of its shares at 317p a share, at a full cost of £15.4 million. Even after this purchase shares in Alliance at 317.2p this morning, still stand on a discount of 17.4 per cent.

This is the first-ever buyback that the trust has undertaken and the company stressed that this did not represent the adoption of a discount control mechanism. Sporadic buybacks do not automatically enhance a share price but can stabilise the discount and allay investor concerns.

The discount seems particularly anomalous in this case, because not only did Alliance manage to raise its dividend over a rocky first half, but its defensive portfolio which was not shown to best effect at the interim stage has caught up strongly. So for the year to last week, Alliance shares are up 50 per cent against a FTSE World Index gain of 23.6 per cent and an average for the global growth sector of 36.7 per cent. In fact Alliance's performance puts it in the top quartile of its sector, ahead of such stalwarts as Monks Investment Trust, British Assets and Securities Trust of Scotland.
Posted at 23/10/2007 07:59 by slyfox
Online system is very good. However, it IS still a palaver to get cash out - have to fill in a form, send a cheque for £10 and eventually they send a cheque out to you. Prehistoric on that front. Still, they don't charge inactivity fees which is good for a fairly inactive investor!
Posted at 26/9/2006 07:48 by jonwig
AT plans asset management arm
ALISTAIR MCARTHUR

ALLIANCE Trust, the Dundee-based generalist investment trust, is aiming to take the financial services sector by storm, announcing plans to launch an asset management arm.

AT Asset Management, which will be based in Hong Kong, will tap into the wealth of talent already at the company by initially launching two portfolios run by Alliance's fund managers.
Click to learn more...

Alliance Trust chief executive Alan Harden said the company, which was founded in the 1880s and merged with the Second Alliance Trust this year, has had demand from investors about how they can get exposure to the talent it has on board.

"We have formed the asset management company so that we can unlock the full potential of our expert investment team, to create value for shareholders," he said.

Anthony Muh, Alliance Trust's head of Asia Pacific, will lead a team of three fund managers and three analysts, although this is likely to expand over the next 18 months. Initially, the asset management arm will offer Asia-Pacific ex-Japan equity and Japanese equity open-ended funds for UK investors, and will try to win mandates to run money for institutions.

"They will be managed by our guys there, so investors get the same style of long-term, good-value, strong management - but in those high growth markets," Harden said.

Over time, AT Asset Management will start to take each of the managers and look at how it can offer them separately for shareholders and customers who want to build a portfolio.

Although there are no specific targets for funds under management, Harden wants to build the whole financial services arm into a substantial business.

"It's the start of a long road, but we are looking to become a big player in financial services," he said.

"We are pretty patient about building the business over the medium term. We already have the investment talent on board."

Last year, the trust bought Wolanski's, the pension business, it has extended its investment-dealing capability. It is also extending its banking business.

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