Edinburgh chairman splashes out
A round-up of the biggest director deals today so far.
Scott Dobbie, chairman of Edinburgh Investment Trust, has made a significant addition to his personal holding in the Invesco-managed trust.
Dobbie, who also chairs the Securities & Investment Institute, bought a further 80,000 ordinary shares this week at a cost of £266,400 to take his stake to more than 636,000 shares.
EIT, managed by Neil Woodford, Invesco's star fund manager, has a defensive flavour. Consumer goods (21.4%), utilities (18.6%), healthcare (17.5%) and telecommunications (11.22%) were the main sectors for its money at the end of June. AstraZeneca, GlaxoSmithKline and Vodafone were the top three company holdings.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Top Director Buys
Value: £266,400
Value: £60,000
Value: £59,400
Value: £46,800
Value: £23,200
Value: £19,799
Value: £16,800
Value: £15,333
Value: £12,900
Value: £12,900
Top Director Sells
Value: £836,283
Value: £283,257
Value: £221,473
Value: £117,624
Value: £94,098
Value: £66,163
Value: £63,605
Value: £10,200
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Water companies blocked from using customer money to pay “undeserved” bonuses
The regulator has blocked three water companies from using billpayer money to pay £1.5 million in exec bonuses
By Katie Williams Published
-
Will the Bitcoin price hit $100,000?
With Bitcoin prices trading just below $100,000, we explore whether the cryptocurrency can hit the milestone.
By Dan McEvoy Published