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Alliance Trust seeks savings after Garrett-Cox exit

Comment: Time has come to consider transferring all, or part, of Alliance Trust Investments to a manager with resources to offer clients a more rounded approach

Nearly eight years after she became chief executive of Alliance Trust, the UK-listed investment company, Katherine Garrett-Cox’s position has become a cost item.

She has agreed to step down as CEO of its £5 billion Alliance Trust Investments funds arm in March, having already resigned from the board of the listed trust in October 2015.

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