Scottish Mortgage loses position as largest trust

Replaced by 3i

clock • 1 min read
The share price has dropped 50% in six months

The share price has dropped 50% in six months

Scottish Mortgage Investment Trust (SMT) is no longer the UK's largest investment trust in market cap terms after a crash in the value of technology stocks.

This downturn comes as a contrast to the consistent growth delivered by the trust over a number of years. The trust's share price has dropped nearly 50% from a high of around £15 per share in November...

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