The Edinburgh Investment Trust board aims to inform shareholders who it has chosen to run its p...
The Edinburgh Investment Trust board aims to inform shareholders who it has chosen to run its portfolio this month. In May the £1.38m trust put the investment management contract, which is run by Edinburgh Fund Managers (EFM), out to tender. Lord Eglington, chairman of the trust, said the board hopes to report the progress of the tender at the trust's AGM on 3 July and expects to make an announcement shortly afterwards. The board said that in the interests of the trust's shareholders, it has given protective notice to EFM, terminating the management contract with effect from the close o...
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