European Smaller Companies Trust

Edison issues update on The European Smaller Companies Trust (ESCT): Top of the peer group over short and long term.

Retrieved on: 
Wednesday, December 6, 2023
Janus Henderson, Anomaly, Policy, NAV, European Smaller Companies Trust, JHI, Cryptocurrency, Thomas Edison

Edison issues update on The European Smaller Companies Trust (ESCT): Top of the peer group over short and long term.

Key Points: 
  • Edison issues update on The European Smaller Companies Trust (ESCT): Top of the peer group over short and long term.
  • The issuer is solely responsible for the content of this announcement.
  • The European Smaller Companies Trust’s (ESCT’s) manager, Ollie Beckett at Janus Hendersons Investors (JHI), remains very positive about the outlook for European small-cap companies, which is reflected in a relatively high level of gearing of c 15%.
  • ESCT also looks attractive from a valuation perspective with a discount wider than its historical averages and those of its sector peers.