Scottish Mortgage's Flood: Sometimes the best thing to do is nothing

Supporting companies through the pandemic

Scottish Mortgage has been one of the big winners in the investment company sector through 2020 to date, as its disruptive portfolio of companies has helped it return 56.3% compared to its MSCI FTSE All World benchmark’s 3.3% gain.

David Brenchley spoke with the Baillie Gifford-run trust's corporate strategy director Catharine Flood about its investment process and how it has navigated choppy markets. James Anderson: The era of modern monetary theory has arrived After impressive performance in Scottish Mortgage's previous full-year, leading to the company exceeding £10bn in market capitalisation, how do you assess the past 12 months? Given we try to invest on a five-years-plus time horizon, the path of any given 12 months at any point is far less important to us. We are really encouraging people to evaluate us...