DUNDEE-based Alliance Trust, run by chief executive Katherine Garrett-Cox, has revealed that half of its investment team is now based in London as its performance trailed that of its peer group in its latest year.
LESS than eight years after leaving university, Torcail Stewart of Baillie Gifford has topped The Herald's list of top performing fund managers working for Scottish investment houses.
Come January, investors will be plunged into a new year's revolution in the financial industry.
Alliance Trust has sold part of its savings platform business with £3 billion of assets to a specialist in self-invested personal pensions (Sipps).
The 124-year-old Alliance Trust is turning the tables on critics who saw it as behind the times, challenging rivals to catch up with its "trust and transparency" business model.