Edinburgh Investment Trust (EDIN)

EDIN appears on the Podcast page for the second time to coincide with a change of the company’s management this month. Retiring lead portfolio manager James de Uphaugh will be succeeded by Imran Sattar, currently deputy portfolio manager, while long-standing Liontrust fund manager Emily Barnard will become deputy portfolio manager. In this interview John speaks with Imran Sattar and Liontrust Head of Investment Companies James Mowat about how the robust processes employed to manage the trust brings continuity alongside the change of managers; how the company’s flexible mandate and focus on stock selection has allowed it to achieve its primary objective of growing its dividend at a faster rate than inflation; the catalysts for improvement in some out of favour holdings that have proved significant contributors to performance; and details of the thematic framework used to evaluate investment opportunities.