Alliance Trust board shakeup gets partial support from Glass Lewis

April 17, 2015 7:05 PM

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LONDON, April 17 (Reuters) - A campaign for the installation of new board directors at British investment group Alliance Trust has gained partial support from shareholder advisory group Glass Lewis.

Activist hedge fund Elliot Advisors is campaigning for the appointment of three directors at Alliance, hoping this will kickstart an improved performance by the investment fund.

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