Robertson's rationalisation of trust nearing completion

Edinburgh Partners' Dale Robertson has completed 95% of rationalisation task on trust

Edinburgh Partners has nearly the completed the rationalisation of the £267m trust it took over from F&C earlier this year. Dale Robertson became investment manager of Eurotrust in February, after the board decided to replace F&C following a prolonged period of underperformance. The company has also been renamed the European Investment trust. Robertson has cut the number of holdings in the fund from 48 to 40 and replaced nearly half the inherited stocks. “I wanted to increase the level of diversification and reduce the country reliance. It now has a bias towards high-quality growth...