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Alliance Trust

Alliance Trust Savings has acquired the Edinburgh-based Stocktrade share trading division of Brewin Dolphin for £14m.

Alliance Trust is relocating its Edinburgh-based investment business from George Street to a 7,700 sq ft office at Atria One.

Alliance Trust is to relocate up to 300 Dundee-based staff to a new 50,000 sq ft headquarters being built at West Marketgait by spring 2009.

Alliance Trust, the investment company, is to build a new headquarters in Dundee by the end of 2008, with the creation of 160 new jobs.

Alliance Trust has acquired Albany Ventures, the Edinburgh-based venture capital investment company with gross assets of £0.5m.