As interest rates have risen in response to rising inflation, Edinburgh Worldwide (EWI) – with its focus on small cap global growth stocks – has given up a significant portion of its previous outperformance. The trust finds itself in a somewhat unusual position in that it has moved to a significant discount, about a 20% discount versus a five-year average of 2.5%. This comes at a time when global small cap stocks are trading at a modest discount to global equities, rather than their usual signif ....
16 May 2023
Edinburgh Worldwide – The output of innovation is alive and well
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Edinburgh Worldwide – The output of innovation is alive and well
Edinburgh Worldwide Investment Trust (EWI:LON) | 0 0 (-0.3%) | Mkt Cap: 564.9m
- Published:
16 May 2023 -
Author:
James Carthew | Matthew Read -
Pages:
35
As interest rates have risen in response to rising inflation, Edinburgh Worldwide (EWI) – with its focus on small cap global growth stocks – has given up a significant portion of its previous outperformance. The trust finds itself in a somewhat unusual position in that it has moved to a significant discount, about a 20% discount versus a five-year average of 2.5%. This comes at a time when global small cap stocks are trading at a modest discount to global equities, rather than their usual signif ....