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Alliance Trust CEO Garrett-Cox to step down

Move follows a long battle with activist investor Elliott Advisors, which had been critical of performance at the group

Katherine Garrett-Cox
Katherine Garrett-Cox Photo: Getty Images

After months of upheaval, Katherine Garrett-Cox is to leave Alliance Trust in March.

Garrett-Cox, who stepped down from the board last year, will now leave the top post at Alliance Trust Investments, the fund management arm.

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