Investors have been rewarded with decent gains but outperformance is another matter
Thursday 25 Jul 2019 Author: Daniel Coatsworth
Now into its third year under a new strategy born out of pressure from activist investors Elliott Advisors and to a lesser degree Laxey Partners, Alliance Trust’s ( ATST ) shares are trading at an all-time high and investors are enjoying double-digit returns so far in 2019. Elliott Advisors is no longer a shareholder and Alliance Trust has nearly sold all its non-core investments with just a bit of...