Alliance Trust's share price has risen 3% to 472p this morning, following the announcement of the "biggest changes in the trust's history".
These include a radical shake-up of the £2.5bn trust's board, which will become "fully independent, comprising solely non-executive directors". What can trust boards learn from Alliance vs Elliott spat?...
Slow progress in improving diversity
Share purchase deal with assets of £28m
Came into effect in January
Three examples of compensation rule issues
Buying in baskets