Edinburgh Worldwide keeps up

Baillie Gifford’s Edinburgh Worldwide Investment Trust kept pace with markets last year, boosting its net asset value by 4.8 per cent. The £186m trust saw its share price rise 6.3 per cent compared to a 6.2 per cent increase for the MSCI All Countries World Index for the year ending October 2012, it said in an update yesterday. The net revenue return for the year was flat at 2.50p per share and the board has recommended an unchanged final dividend of 1.50p. Baillie Gifford manages £84bn.