Scottish Mortgage has bought back over £2.5bn of its shares but the global gaint still trails close to a 10% discount
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Scottish Mortgage has bought back over £2.5bn of its shares but the global gaint still trails close to a 10% discount
Our monthly review of investment companies returning capital and raising new money shows the £12bn Baillie Gifford flagship has greatly exceeded its £2bn minimum buyback target as its shares continue to lag the underlying growth in its global portfolio. Scottish Mortgage (SMT) has bought back more than £2.5bn of its shares since activist hedge fund […]
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