It is 131years since the founding of Alliance Trust Plc in 1888. Its formation was through a merger between the Dundee Investment Company, the Oregon and Washington Trust, and the Dundee Mortgage and Trust Investment Company.
Massive investment by various prominent figures helped the company obtain an operating foundation in the financial services industry. The investment trust would later set up its corporate offices in Dundee, Scotland.
Some of the predecessors of Alliance Trust Plc. Include textile manufacturers, ship owners, various businessmen, and several merchants. It is not only an investment pioneer but also one of the recognized investment trusts in the UK. Over time, it has expanded its operations into several other classes of assets.
The trust operates based on commitment and openness and will only invest in the best ideas. It keeps its investors and clients well-versed with information about investment performance. Meanwhile, its listing is on the LSE.
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