Scottish Mortgage investment trust

Focused on the 'big three' tech giants

Tom Slater, co-manager of the £3.6bn Scottish Mortgage trust, will take over the role of head of the North American team at Baillie Gifford.

Some of the UK's most prominent investment trusts received a performance boost last year from their positions in unquoted companies, one of which went on to launch the largest IPO in history.

By investing only in the largest trusts, investors are ignoring a plethora of funds offering a combination of value and scope for narrowing discounts, says Nick Greenwood, manager of the CF Miton Worldwide Growth investment trust

With the dollar at a five-year high against a basket of currencies, and further strength against sterling predicted, Investment Week asks wealth managers which funds they are using to play the trend.

An index of 14 Scottish companies labelled the 'Scotsie' has performed broadly in line with the FTSE 100 and FTSE 350 indices so far this year, despite increasing signs there could be a 'yes' vote on independence later this week.

TECHNOLOGY