The Press Room provides information to journalists about the Alliance Trust group. Alliance Trust press releases are organised in the Press Release area by date of release. Journalists can download print-quality photographs of Alliance Trust executives and spokespeople from the Image Library. For more information about Alliance Trust, to request an interview or a case study, journalists should
contact us here
Jane Holligan, Media Relations Manager
Latest Press Releases
15 July 2008
Alliance Trust expands investment team with three new appointments
Alliance Trust has today announced three new appointments to its investment team that extend and deepen its expertise in key asset classes. George Renouf joins as Investment Strategist, Emma Gilchrist joins as Investment Manager, Property, and Jay Newman is relocating from the group’s Hong Kong-based asset management business, Alliance Trust Asset Management (Asia Pacific), to take up the role of Head of Global Equities.
View the full press release here
15 July 2008
Pensioners hit hardest by surging food prices and rising inflation
Alliance Trust’s independent study of age related inflation has found that the over 75 year olds continue to be hit the hardest by surging inflation - this age group saw their inflation rate increase from 4.8% to 5.4% in June. The inflation rates facing all other identified age groups have also increased and the majority are running ahead of the official headline rate of inflation of 3.8%.
View the full press release here
01 July 2008
Alliance Trust says fundementals driving oil price higher
Commenting on recent oil price trends, Angus McPhail, Global Oil and Natural Resources Analyst at Alliance Trust said:
“Fundamentals rather than speculation are driving oil prices higher. Oil markets remain tightly controlled by supply and demand. China is increasingly leading non-OECD demand, which is currently more than offsetting weakening demand from the US and other OECD countries.
View the full press release here
01 July 2008
Alliance Trust Asset Management appoints new Director of Business Development
Alliance Trust Asset Management, the newly formed subsidiary of Alliance Trust, has today appointed Benedict Lawson as Director, Business Development. Benedict, who joins from Seven Investment Management (7IM), will report to Edward Troughton, Managing Director, Distribution and will work closely with him to help build and expand the asset management business across a range of products and services. These will draw on the existing strengths of Alliance Trust’s established and experienced investment teams.
View the full press release here
19 June 2008
Alliance Trust publishes 'How-To' factsheet and webcast about investing property in a SIPP
Alliance Trust Savings has published a webcast and bulletin to explain to advisers the pros and cons they should consider when looking at investing in commercial property in a SIPP. The bulletin and webcast also detail the process involved in putting property in a SIPP, explain when a mortgage is needed, and outline points to consider once you are holding the property in a pension.
View the full press release here
17 June 2008
Latest figures show sharp increase in basic costs is pummelling pensioners
Alliance Trust’s independent study of age related inflation has found that the surge in inflation during May continued to hit the over 75 year olds the hardest – this age group saw their inflation rate increase from 4.1% to 4.8% during the month. The inflation rates facing all other identified age groups have also increased and the majority are running ahead of the official headline rate of inflation of 3.3%.
View the full press release here
02 June 2008
Alliance Trust Savings reveals top investment trust choices for the last financial year.
Alliance Trust Savings, a leading UK financial services provider, today publishes the results of its annual ‘Alliance Trust ISA Ranking1’ for tax year 2007/08.
View the full press release here
29 May 2008
Alliance Trust appoints Kevin Craig as new Investment Manager
International investment and financial services group Alliance Trust has today appointed Kevin Craig as Investment Manager, Global Emerging Markets. Kevin has extensive expertise in emerging market equities and will play a key role in continuing to build on Alliance Trust’s involvement in Asia Pacific markets, as well as expanding its presence into other emerging markets.
View the full press release here
20 May 2008
Alliance Trust Savings expands its business development team
Financial services provider Alliance Trust Savings is strengthening its business development team with the promotion of several experienced managers and the appointment of a new Scottish business development manager to liaise with advisers in Scotland.
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19 May 2008
Alliance Trust helps advisers make the most of new pension rules
Alliance Trust Savings has added a webcast and bulletin to help advisers make full use of new options for transferring in-specie assets into pensions plans. Pensions rules were relaxed in April 2006 and the industry saw a flurry of last-minute in-specie transfers of assets into SIPPs ahead of the introduction of the single capital gains tax rate of 18% in April 2008.
View the full press release here
13 May 2008
Latest figures show interest rate facing the elderly has surged to 4.1%
Alliance Trust’s independent study of age related inflation has found that inflation surged in April and hit the over 75 year olds the hardest – this age group now faces an inflation rate of 4.1%. Inflation rates facing all other identified age groups have also increased and the majority are running ahead of the official headline rate of inflation of 3.0%.
View the full press release here
22 April 2008
Alliance Trust urges those nearing 75 to weigh up carefully all the options available
Alliance Trust Savings, a leading SIPP provider, today urged all those saving for retirement to consider carefully all their options for taking income from their SIPP as they approach the age of 75. Alliance Trust also notes that the government and pensions providers should help clarify widely held misconceptions about pensions rules, such as that annuities are the only option for people aged 75 and over to take SIPP income, when this is not the case.
View the full press release here
21 April 2008
Alliance Trust announces its results for year to 31 January 2008
Alliance Trust PLC, announced today that its revenue rose to £82.6m in the year to 31 January 2008, from £68.1m in the previous financial year. However, the net asset value of the Company fell to £2,699m in the 12 months to 31 January 2008 from £2,832m the year before. In a volatile year, a sharp fall in stock markets in January 2008 alone when the FTSE All-Share fell 8.7%, erased gains made to the end of the previous 11 months.
View the full press release here
Click here to view the full announcement to the London Stock Exchange
15 April 2008
Latest figures show elderly hit hardest by high food and energy costs
Alliance Trust’s independent study of age related inflation has found that inflation hit the over 75 year olds the hardest in March – this age group faces an inflation rate of 3.4%. Inflation rates facing all other identified age groups decreased slightly in March but still remained ahead of the official headline rate of inflation of 2.5%.
View the full press release here
02 April 2008
Big shake-up for £80 billion worth of PEP investments gives investors more opportunity to 'wake up' their accounts
More than 3.5 million* people will be able to breathe new life into their PEPs, when PEP and ISA consolidation comes into effect on 6 April 2008.
View the full press release here
31 March 2008
Alliance Trust urges investors to make sure they use up their allowance before tax year ends
Investors have only a few days left to use up their tax-efficient ISA allowance with financial services provider, Alliance Trust Savings.
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28 March 2008
Alliance Trust Savings opens up its Adviser Centre
Alliance Trust Savings today announced that it has improved its adviser centre, offering professional advisers a direct link to a fully interactive site incorporating pension planning tools, product factsheets and personalised access to its technical pensions team’s expertise.
View the full press release here
18 March 2008
Elderly hit hardest by high food and energy costs
Alliance Trust’s independent study of age related inflation has found that the inflation rates facing all five of its identified age groups increased in February.
View the full press release here
17 March 2008
Alliance Trust Savings welcomes Close investors on to 'best of breed' investment platform
Financial services company Alliance Trust Savings today announced that the administration of over 4,200 Close Investments Limited (Close) ISAs, PEPs and share plan wrappers has been successfully transferred to its open architecture investment platform.
View the full press release here
14 March 2008
Alliance Trust highlights end of tax year pension planning opportunities
With the new tax year only days away, Alliance Trust is urging professional advisers to take advantage of ‘use them or lose them’ opportunities for tax saving to enhance their clients' pension arrangements before the tax-year-end deadline passes.
View the full press release here
03 March 2008
Alliance Trust Savings announces successful transfer of investment trust ISAs, PEPs and share plan wrappers from Allianz Global Investors.
Alliance Trust Savings, the financial services company, today announces the successful completion of almost 4,500 ISA, PEP and Share Plan wrapper transfers from Allianz Global Investors’ (AGI).
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22 February 2008
Alliance Trust appoints new non-executive director
Alliance Trust PLC is pleased to announce the appointment of John Hylands as a non-executive director of the Company with immediate effect.
John will join the Audit Committee, becoming its Chairman when the current Audit Committee Chairman, Gordon McQueen, resigns from the Board on 31 March.
View the full press release here
05 February 2008
Alliance Trust comments on its expected entry into FTSE-100 index
Following the announcement today (Tuesday) that Alliance Trust PLC is expected to join the FTSE-100 on Thursday, Alliance Trust Chief Executive Alan Harden said:
"Alliance Trust is an actively managed, broad-based investment group and the fact it has reached this size is a testament to our company's success in generating investment growth and meeting our core objective. We are here to drive capital and income return over the long term through different economic cycles and that is what we focus on every day."
View the full press release here
04 February 2008
Alliance Trust appoints Head of Distribution for Alliance Trust Asset Management Limited
International investment and financial services group Alliance Trust has appointed Edward Troughton as Managing Director, Asset Management Distribution. He will play a key role in the development of a new UK asset management business, Alliance Trust Asset Management Limited (ATAM), and will lead the distribution of products and services for ATAM and manage key client relationships.
View the full press release here
23 January 2008
Alliance Trust offers discounted £10-a-buy Investment Dealing
Alliance Trust Savings, the share dealing expert, today announced customers can purchase shares online for the reduced rate of £10 commission until the end of January. The offer will make it cheaper for investors to buy shares which they identify as being bargains as worldwide stock market turmoil drives down some companies' prices.
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22 January 2008
Consumers ignoring worsening financial reality as budgets take more strain
The global credit squeeze, rising consumer debt, continuing fiscal deficit, inflationary pressures and a potential slowdown in the housing market will slow UK economic growth in 2008 and hamper our ability to react to potential problems, according to a new report from Alliance Trust Research Centre. In the latest report in its Current Issues series, Alliance Trust focuses on the UK economy and the five major challenges it faces in 2008, which will halve the rate of GDP growth to around 1-1.5%.
View the full press release here
21 January 2008
Gold, platinum and diamonds to shine on in 2008, says Alliance Trust
Alliance Trust, the largest generalist investment trust company listed on the London Stock Exchange, today forecast that a combination of rising demand from Asian economies and a continuing global tightness of supply will result in another strong year for the mining sector. Selective investors will be able to benefit from exposure to larger players, while the prospect of a mega-merger between sector giants BHP and Rio could boost mining stocks across the board.
View the full press release here
Archive Press Releases can be found here