Alliance Trust expands into Asia

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Alliance Trust is widening its range of investments offered and opening an asset management business aimed at retail and institutional clients.

Having recently completed the merger with Wolanski & Co Trustees – now renamed the Alliance Trust Pensions – Alliance is seeking a larger position in the investment community and expanding its operation to first launch a series of Asian funds. More specifically, AT Asset Management is expected to receive its Hong Kong-based licence soon, and the boutique will first launch and distribute a range of Asia-Pacific investments – the Asia-Pacific (ex-Japan) equity fund and a Japanese equity fund, once FSA approval is given. Anthony Muh, executive director of the new division and head of Asia-Pa...

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