Performance and Strategy Insights: Alliance Trust in 2023 | Craig Baker, CIO , Alliance Trust. 00:10:00
In 2023, Alliance Trust saw a strong performance with a total shareholder return of 20.2%, outperforming the MSCI All Country World index by around 5%. The trust's focus on long-term performance is reflected in its robust three and five-year numbers, which stand out relative to both index benchmarks and peer groups. Notably, stock selection remained the key driver of returns, with over 50% of the trust's returns stemming from a wide array of stocks rather than being heavily reliant on the "Magnificent 7."
