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‘Encouraging start’ for Alliance Trust following restructure though analysts concerned by ‘black-box drawback’

Investment trusts - Investment Week Investment trusts - Investment Week

'Encouraging start' for Alliance Trust following restructure though analysts concerned by 'black-box drawback'

The £2.5bn Alliance Trust board has said 2017 was a "transformational year" as it introduced its new investment structure and multi-manager approach, though analysts at Numis Securites remain concerned about lack of disclosure of the underlying performance of its individual managers.

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