Alliance Trust has appointed Edward Troughton as managing director of asset management distribution.
He will help to develop a new UK asset management business – Alliance Trust Asset Management – and will lead the distribution of products and services for ATAM and manage client relationships.
Troughton has a 21 year career in investment and joins Alliance Trust from Blackrock, where he was a managing director within its account management group responsible for institutional business development in the UK.
Before he joined Blackrock in 2000, he was a director at Dresdner Kleinwort Benson global equities where he was responsible for managing relationships with global clients.
Previously he was with NatWest Investment Management/Gartmore based in both London and Hong Kong where he was responsible for its business in Asia and for business development throughout the region.
Alliance Trust chief investment officer Katherine Garrett-Cox says: “We are delighted to welcome him to Alliance Trust Asset Management at the start of this exciting venture, allowing us to draw on all his distribution and client relationship experience as we seek to build a successful new asset management business.”