Alliance trust appoints Scottish heavyweight as Chair


Originally published at:
The appointment of Lord Smith of Kelvin, a former a former boss in both the City and industry, completes the transformation of the Alliance Trust Board. Alliance Trust (LON:ATST) has completed the overhaul of its board with the the appointment of Lord Smith, a former boss at Morgan Grenfell and their successor firm Deutsche Asset…


I used to be a shareholder in Weir Group when Robert Smith as he was them was its chairman so I am well aware of his qualities.

This is a really good move by Alliance Trust in my view, he did a fantastic job at Weir, hopefully some of his magic can rub off here too.


I’ve never been a shareholder in Weir but I’ve marvelled at its success. If he can bring a bit of that magic to Alliance Trust this will a great investments.

I think the changes at Alliance look really good and augur well for the future.