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The 10 most powerful investment trust directors

by Sarah Miloudi on Apr 30, 2010 at 10:18

Citywire Wealth Manager names the 10 investment trust directors exercising the most power across the sector. As well as those holding directorships over the most single mandates we looked for individuals who have achieved major corporate change and taken the helm of the biggest trusts.

LESLEY KNOX

Chair: 1

Director: 1

Cambridge law graduate Knox may only have one directorship in the sector but it as chair of Britain’s biggest investment trust, Alliance Trust . The £2.2 billion vehicle is Scotland’s 10th largest company and a major employer in Dundee. Knox was instrumental in driving through the merger of Alliance and its sister fund Second Alliance in 2005, a move which also included schemes to improve liquidity in the trust. She recently appointed former Morley chief investment officer Katherine Garrett-Cox as chief executive and will be hoping she can improve the trust’s mediocre performance.

DOUGLAS MCDOUGALL, OBE

Chair: 4

Director: 3

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