Global investment trust Alliance is on a roll, much to the delight of shareholders. This is because along with rivals City of London, Bankers and Caledonia, Alliance has the longest record among the investment trust sector for consecutive years of dividend increases. It's one that has had 'dividend hero' status conferred on it by the Association of Investment Companies – which the trust doesn't want to lose. The result is ten fund managers, picked from across the globe, that run 11 slices of the trust's assets. The picks of these top-drawer fund managers produce a combined portfolio of 215 global stocks.
Source: Daily Mail June 09, 2024 02:54 UTC