Dual approach benefits Edinburgh IT

Fidelity believes the dual-manager approach on the Edinburgh Investment Trust is yielding stong perf...

Fidelity believes the dual-manager approach on the Edinburgh Investment Trust is yielding stong performance and has helped control volatility. The £1.3bn trust is overseen by Rita Grewal, who allocates assets between managers John Stavis and Sam Morse, balancing the portfolio's objectives between income and capital growth. Grewal said the strategy has worked well, with Stavis focusing on the income sector and Morse on dividend growth, which has also helped to manage volatility of investment returns. "By combining these two managers, we can target dividend growth and outperform the All-Sh...