1 July 2008                                   

ALLIANCE TRUST ASSET MANAGEMENT APPOINTS NEW DIRECTOR OF BUSINESS DEVELOPMENT

Alliance Trust Asset Management, the newly formed subsidiary of Alliance Trust, has today appointed Benedict Lawson as Director, Business Development. Benedict, who joins from Seven Investment Management (7IM), will report to Edward Troughton, Managing Director, Distribution and will work closely with him to help build and expand the asset management business across a range of products and services. These will draw on the existing strengths of Alliance Trust’s established and experienced investment teams.

Benedict, who has over 15 years of investment experience, helped found 7IM in 2001 where his main role involved the development of institutional investment management and wrap solutions for IFAs and high net worth investors. Prior to this, Benedict was a senior investment advisor with Barclays Stockbrokers where he was responsible for advisory stockbroking services. 

Edward Troughton said, “These are exciting times for our group. I am delighted that Alliance Trust Asset Management has been able to attract someone of Benedict’s experience and calibre. Benedict is an integral part of our newly formed dedicated asset management team.”  

Benedict Lawson said, “I am pleased to be joining Alliance Trust at such a pivotal time as it provides me with the opportunity to help shape and influence the development of products and services within a hugely respected investment group.”

 

Contacts

Jane Holligan, Media Relations Manager          Anna Schirmer / Stuart Lerman / Anna Moulds

Alliance Trust                                                   Lansons Communications

Tel  +44 (0)1382 306064                                   Tel  +44 (0)20 7490 8828

Mobile  07745 783212                                      Email  alliancetrust@lansons.com

Email  jane.holligan@alliancetrust.co.uk      

Web www.alliancetrust.co.uk

 

 

Notes to editors

 

1.    A FTSE-100 company, Alliance Trust PLC manages more than £2.8bn of assets (as at 31 May, 2008) and heads the Alliance Trust group. Through its subsidiaries, Alliance Trust offers asset management for other companies and clients, and financial services, including the administration of sharedealing, ISA and SIPP accounts.

 

2.    Photographs of Edward Troughton and Benedict Lawson are available.