Edinburgh Portfolio to look into viability of £800,000 tech vehicle

Edinburgh Portfolio (EP) is considering closing its Technology Portfolio fund of funds now that assets are down to less than £1m. The vehicle contains some £800,000 and Mark Harris, head of investment management at EP, said the group is looking at the viability of the product. EP closed its Managed Recovery fund last year after it decided the £700,000 portfolio was too small. The Technology fund was launched in March 2000 and had a performance return of -74.08% offer to bid, net income reinvested, up to 1 November 2002. EP has also repositioned its mainstream equity portfolios to...