The board of the European Investment Trust (EIT) will part ways with incumbent investment manager Edinburgh Partners citing performance concerns, as Baillie Gifford is named successor.
Return cash to shareholders
Growing awareness of environmental factors
Three company valuations reduced
The four best performing stars to look out for
Trust up 20.9% in the year to 31 July
Possible addition to company's Horizon fund
Managers warn of 'muted' performance in short to medium term