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Garrett-Cox On The Back Foot After Alliance Trust Shareholder Criticism

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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 support for US hedge fund Elliott Advisors, which hopes to appoint three directors on to the investment trust’s board. The shareholder group initially backed the proposal…

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