Scottish Mortgage suffers Global sector's biggest discount widening in H1

Analysis of IT equity sectors

Eve Maddock-Jones
clock • 3 min read

Over H1, the IT Global sector saw the biggest premium and discount changes among equity focused sectors, with Scottish Mortgage’s discount widening the furthest, research by Investment Week has found.

This study focused solely on the listed equities sectors of the AIC, with a piece exploring the discounts across the AIC alternatives sectors due to follow. According to data from the Association of Investment Companies, the average trust saw its premium/discount change by 1.65 percentage points (excluding VCTs) during the first half of the year.  'A buyer's market': What is behind the fanfare for private equity secondaries? Within the global space, the study found that Scottish Mortgage started the year on an 8.68% discount and ended the period on at 21.22% discount, a difference ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Trustpilot