Baillie Gifford to take over European IT from Edinburgh Partners

Sam Shaw
10 October 2019

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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.

According to a stock exchange announcement this morning, the investment company has entered into "heads of terms" for Baillie Gifford to be the new alternative investment fund manager (AIFM), company secretary...

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