Neil Woodford's £1.4bn Edinburgh IT is again trading on a premium to NAV as appetite for the trust returns despite his forthcoming exit from Invesco Perpetual.
Data from Winterflood shows the trust was trading at a premium of 0.1% as of this morning (17 December), having traded at a discount of as much as 5% shortly after the October announcement that Woodford would be leaving the business next year. The move back to a premium comes despite continued uncertainty over the future management of the trust, with the board yet to announce its plans. With Woodford due to leave Invesco to set up his own firm in April 2014, the Edinburgh IT board said in November it wants to "take some time to consider the options for the future management of the com...
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