Edinburgh Partners

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Edinburgh Partners has been removed from a £335 million investment fund for European Investment Trust PLC and replaced by Baillie Gifford. The European Investment Trust PLC (EIT) said the company had underperformed the benchmark for Edinburgh Partners' preferred 'value' investment style - buyi

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Sandy Nairn Edinburgh Partners, the investment house chaired by Angus Grossart and 70 per cent owned by its employees, has recorded a slight downturn in annual pre-tax profits but is optimistic about prospects.

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