Investment Week is pleased to announce the finalists for the 23rd Investment Company of the Year Awards in association with the AIC, which have a proud history of rewarding excellence in closed-ended fund management.
Questor: this manager’s track record is stunning but his trust is trading at a 14pc discount
Questor investment trust bargain: shares in Strategic Equity Capital are cheap despite its strong record of investing in small UK firms
3 June 2021 • 5:00am
As the London stock market has recovered from its pandemic lows, the smallest listed companies have led the way.
While small company shares were hit hard by last year’s Covid crash, investors who clung on have been rewarded with a resurgence which has dramatically outpaced that of Britain’s big blue-chip stocks.
So it’s little surprise that among the best performing investment trusts of the past year are those that invest in these companies, or that their shares, once alluringly cheap, are now decidedly less so.
Given its broad exposure to all major asset classes, and its long-term track record, many investors use it as their one and only investment holding. The trust was launched 39 years ago.