Shares in Woodford's Edinburgh trust dive after shock exit

By 3.30pm shares were down 4.4% or 26.5p, at 575.5p, having been flat prior to the announcement, as investors hit the sell button. Although Woodford is still in charge of the trust for now, with the board saying in a statement this afternoon that there is no immediate change, some investors have nonetheless opted to exit immediately. Woodford has run the trust since 2008 and outperformed the UK Growth & Income sector, delivering a share price return of 143% and NAV growth of 108.5% over the last five years versus the sector average gain of 95%. "The board has been assured by Invesc...