Barnett to Run Woodford's Edinburgh Trust

The board of Edinburgh Investment Trust has confirmed that from today Mark Barnett of Invesco Perpetual will take over from Neil Woodford as fund manager

Emma Wall 28 January, 2014 | 2:58PM
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Thousands of investors in the Edinburgh Investment Trust (EDIN) at last have clarity over the future of the closed-end fund's management.

Star equity income fund manager Neil Woodford announced he was leaving Invesco Perpetual in October and giving up both the Edinburgh Trust and his two open-end funds. Today the Edinburgh board confirmed Invesco would continue to run the trust, and it would be managed by Mark Barnett.

Although Woodford is not leaving Invesco until the end of April, Barnett will take over management of Edinburgh from today.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Edinburgh Investment Ord619.01 GBP0.49Rating
Invesco UK Eq High Inc UK Inc323.77 GBP0.23Rating
Invesco UK Equity Inc UK Inc1,290.41 GBP0.18Rating
Keystone Positive Change Investment Ord324.01 GBP-0.61

About Author

Emma Wall  is former Senior International Editor for Morningstar