Alliance Trust has partially given way to Elliott Advisors' demands just a day before its AGM, agreeing to appoint two new non-execs to its board.
Having spent weeks contesting Elliott's proposals to add three non-executives to its board, the trust said this morning it has reached an agreement with the activist investor. Alliance Trust will now...
Partner Insight Video: Advisers have had to adapt to the changing investment landscape.
Investment trust savings scheme