Edinburgh Investment Trust New Manager

Its long term objective is to achieve an increase of the net asset value per share in excess of the growth in the ftse all share index.

Edinburgh investment trust new manager. Invesco asset management limited and invesco fund managers limited. Majedie asset management will be appointed as the trust s new investment manager. Majedie asset management today announces that it has entered into heads of terms with the board of the edinburgh investment trust plc to appoint majedie as the company s new investment manager. View recent trades and share price information for edinburgh investment trust plc edin ordinary 25p shares.

James de uphaugh who manages majedie uk equity has been named as the trust s new portfolio manager. The board describes him as a highly experienced active manager with a flexible investment approach majedie uk equity fund has underperformed the edinburgh trust over the past six months delivering a return of 1 4. James is a highly experienced active manager with a flexible investment approach. Both issuing companies are authorised and regulated by the financial conduct authority.

Edinburgh investment trust is based in edinburgh scotland and invests primarily in uk securities. Edinburgh investment trust remains a member of our buy list of preferred trusts. Edinburgh investment trust lon edin is currently on a small discount of just over 2 which we think represents an opportunity for investors to acquire the assets as less than they are worth. For more details of issuing companies and site privacy terms see the site terms and conditions.

The change is expected to take place in early 2020. The board of edinburgh investment trust has decided to replace. The fund is managed by mark barnett and james goldstone at invesco asset management. Perpetual income and growth reaction to edinburgh investment trust management change decision the board of perpetual income and growth pli has issued a statement following the news this morning that edinburgh investment trust edin was replacing mark barnett invesco as its manager following a period of underperformance click here to read more on this.

The board of the edinburgh investment trust edin has announced that it has entered into an management agreement with majedie asset management majedie the company s new alternative investment fund manager aifm effective as of today wednesday 4 march 2020. The investment management agreement reflects the heads of terms announced on 11 december 2019 where edin decided to replace invesco as manager mark barnett was the lead manager.