Wide discount on tried-and-tested Asia trust offers a compelling buying opportunity
SCOTTISH ORIENTAL SMALLER COMPANIES TRUST (SST) £13.50 Market cap: £324 million Despite some stand-out individual performances in 2023, emerging markets remain under-owned and undervalued with heavyweight country China firmly out of favour with investors. One savvy way to benefit from a revival in sentiment towards the region’s corporate small fry is to buy Scottish Oriental Smaller Companies (SST) , a £324 million-cap trust which achieves long-term capital growth by...