Managing director of Alliance Trust Investments departs

Edward Troughton is leaving his role of managing director of Alliance Trust Investments to move elsewhere in financial services.

Mr Troughton will leave at the end of the year after almost six years at ATI, “to pursue another opportunity within the industry”.

The group said that fund management responsibilities would stay the same, with chief executive Katherine Garrett-Cox continuing to oversee the business to enure a seamless transition until the group finds a replacement for Mr Troughton.

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“I would like to thank Ed for his support and commitment in growing the ATI business over the past six years and wish him every success in the future,” she said.