“Edison’s accessible and high-quality research gives us the opportunity to communicate an independent perspective of Tyman to a wide variety of potential stakeholders.”
Currency in GBP
Last close As at 30/03/2023
GBP1.57
▲ 3.00 (1.95%)
Market capitalisation
GBP631m
The European Smaller Companies Trust seeks capital growth by investing in smaller and medium-sized companies that are quoted, domiciled, listed or have operations in Europe (excluding the UK). The trust invests mainly in Western Europe with the portfolio typically holding more than 120 companies, with an average market cap of around £1bn and rarely above £3bn.
Investment Companies
Investment Companies
Investment Companies
Associate Director, Investment Trusts
Ollie Beckett
Fund manager
| % | 1M | 3M | 12M |
|---|---|---|---|
| Actual | (6.0) | 5.0 | (2.8) |
| Relative | (1.7) | 4.8 | (0.6) |
| 52 week high/low | 172.0p/124.5p |
In our last note on The European Smaller Companies Trust (ESCT) (Does what it says on the tin), we communicated to investors fund manager Ollie Beckett’s market views and how this has affected the fund’s positioning. In this note we update investors on Beckett’s latest thinking and why he feels that, despite all of the negativity and volatility, European smaller companies and ESCT particularly are well placed to deliver long-term growth for investors.
Get access to the very latest content matched to your personal investment style.
