Should you stick with Mid Wynd investment trust?

Max King looks at the prospects for Mid Wynd as the trust prepares to say goodbye to Simon Edelsten and Alex Illingworth, managers of the trust since 2014.

woman looking at paperwork
(Image credit: © Getty Images)

Here’s an update on one of our long-term holdings in the MoneyWeek investment trust portfolio, Mid Wynd International Investment Trust (MWY).

The announcement that both Simon Edelsten and Alex Illingworth, managers of Mid Wynd, are leaving at the end of September is unwelcome news for investors.

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Max King
Investment Writer

Max has an Economics degree from the University of Cambridge and is a chartered accountant. He worked at Investec Asset Management for 12 years, managing multi-asset funds investing in internally and externally managed funds, including investment trusts. This included a fund of investment trusts which grew to £120m+. Max has managed ten investment trusts (winning many awards) and sat on the boards of three trusts – two directorships are still active.

After 39 years in financial services, including 30 as a professional fund manager, Max took semi-retirement in 2017. Max has been a MoneyWeek columnist since 2016 writing about investment funds and more generally on markets online, plus occasional opinion pieces. He also writes for the Investment Trust Handbook each year and has contributed to The Daily Telegraph and other publications. See here for details of current investments held by Max.