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
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?
Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
-
MPs warn over Lifetime ISAs which could leave savers out of pocket
The Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”