Update from QuotedData

Alliance Trust PLC

19 September 2024

 

Alliance Trust - Update from QuotedData

19^th September 2024

A new powerhouse

In recent years, we have highlighted the success of Alliance Trust's (ATST) investment approach, which has, on average, outperformed the MSCI All Countries World Index (MSCI ACWI) over any given 12-month period (sampled weekly - see page 12). This success was an important factor in ATST's selection as a merger partner for Witan (WTAN), another global multi-manager investment trust with ATST's manager, Willis Towers Watson (WTW), continuing to manage the combined entity. Assuming the merger proceeds, as seems very likely, ATST shareholders can anticipate the benefits of a larger trust, and one that could enter the FTSE 100 as a result, as well as a reduced management fee.

Beyond the merger, a new manager has been added to ATST's line up: ARGA Investment Management. ARGA, a global value investor, will replace the team at Jupiter, who were removed from the roster following the resignation of their lead manager.

Full Research:

https://quoteddata.com/research/alliance-trust-a-new-powerhouse-qd/

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: Marten & Co was paid to produce this note on Alliance Trust Plc, and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.

QUOTEDDATA
50 Gresham Street | London EC2V 7AY
Tel: [phone]

www.quoteddata.com | [e-mail] | www.martenandco.com

 

END