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Tag: Elliott Advisors
Paul Singers’ Elliott Advisors succeeded in pushing changes at Alliance Trust, one of the largest investment trusts in the United Kingdom. Today, the investment trust announced significant changes to its business including asset allocation, cost reduction, board structure among others […]
Elliott Advisors, the activist hedge fund headed by Paul Singer, boosted its stake in Alliance Trust to 14%, which was considered by market observers as a move to continue its pressure on the investment trust. The activist hedge fund currently […]
Elliott Advisors gets two out of the three new directors it wanted in compromise deal with Alliance Trust
Garrett-Cox on the back foot after Alliance Trust shareholder criticism Katherine Garrett-Cox’s hopes of winning her latest investor battle at Alliance Trust were dealt a heavy blow by a leading shareholder group yesterday. ShareSoc, which advises retail investors, expressed its […]
Activist group attacks Alliance Trust ‘spin’ and management The activist investor Elliott Advisors stepped up its attack on Alliance Trust’s management team yesterday, accusing it of acting in a “manner unbecoming of a public company”. The New York hedge fund, […]
Katherine the Great vs the activist investors Having waged war with the Argentine government and stirred up trouble at companies including National Express, Game Digital and Morrisons, Elliott Advisors is the kind of shareholder that keeps chief executives up at […]