Alliance Trust

Alliance Trust loses £500m on collapse of stock markets ALLIANCE Trust, the Dundee-based investment house, yesterday revealed the full effects of the global economic crisis as writedowns on its assets passed half a billion pounds last year.

Alliance's Hong Kong funds race to £80m TWO Hong Kong-based investment funds run by a subsidiary of Dundee-based Alliance Trust have raised almost £80 million in just three months.

Alliance Trust gets new face on board SCOTTISH investment group Alliance Trust has named Katherine Garrett-Cox as its new executive director and chief investment officer.

Asset surge for Alliance Trust ALLIANCE Trust, the Dundee-based investment trust, confirmed in its annual report yesterday that its asset grew by more than £400m to £2.037bn in the year to 31 January, with a 14.8 per cent rise in income to £54.5m.

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