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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.

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