Scottish Mortgage

Tech giant represents 10% of trust

Best ideas from host countries since 1980

Private investments now 10% of portfolio

The managers of the £3.4bn Scottish Mortgage trust said they need to 'renew their thinking' about some of the portfolio's key themes, after seeing opportunities become "exhausted" in the last few years.

Global trusts attracted the highest level of interest on the Association of Investment Companies'(AIC) website in the first quarter of this year.

The investment trusts for 2015 outperformance

Baillie Gifford partner Tom Slater has been promoted to co-manager of Scottish Mortgage, the UK's largest investment trust, alongside James Anderson.

INVESTMENT TRUSTS

Investment trust buyers are looking to switch into unloved value trusts after the rally in their growth-orientated peers left many of these looking overvalued.

TECHNOLOGY