Edinburgh Investment Trust (EDIN) was launched in 1889 and has for many years been one of the largest trusts in the ever-popular UK Equity Income sector. However, EDIN has undergone numerous management firm changes since 2002 with Majedie Asset Management, now part of Liontrust, taking over most recently in 2020. Imran Sattar has just taken on the lead manager role from James de Uphaugh but the core strategy of holding around 40 to 50 (mostly) UK companies remains in place. The focus is on total return and owning either smaller FTSE 100 or larger FTSE 250 stocks. Buybacks have increased in rec...
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