BEYOND SHARES: On the lookout for hidden potential
Edinburgh Worldwide Investment Trust targets small new firms that can develop into giants
25 August 2022 - 08:00
Market falls are never a whole lot of fun, but one of their more useful attributes is that they provide the opportunity of indiscriminate markdowns on otherwise excellent assets.
As you read through my notes, you might conclude that Edinburgh Worldwide Investment Trust (EWT) sounds a lot like Scottish Mortgage Investment Trust. This is not coincidental, because they share the same management company (Baillie Gifford). Like Scottish Mortgage, EWT invests in cutting-edge companies...
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