Scottish Mortgage Share News (SMT)

UK AGM, EGM Calendar - Week Ahead

Scottish Mortgage Investment Trust Outperforms, Wants Policy Changes

LONDON (Alliance News) - Scottish Mortgage Investment Trust PLC Friday said its net asset value total return was 23.1% in its last financial year, surpassing the 6.8% of its benchmark, the FTSE All-World Index, while it also announced proposals to amend its investment policy. The trust's sh

Scottish Mortgage Investment Trust Says Management Fee Reduced

LONDON (Alliance News) - Scottish Mortgage Investment Trust PLC Monday said the management fee paid to Edinburgh-based manager Baillie Gifford & Co will fall as of the start of April, and could be further reduced if assets continue to grow. From April 1, Baillie Gifford's annual remuneratio

Ex-divs to take 11.6 points off FTSE 100 on Nov. 13

LONDON, Nov 11 (Reuters) - The following FTSE 100 companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-

Scottish Mortgage 1st Half Earnings Drop But Net Asset Value Rises 12%

Ex-divs to take 0.97 points off FTSE 100 on May 29

LONDON, May 27 (Reuters) - The following FTSE 100 companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-m

Scottish Mortgage Investment Trust posts annual earnings growth

Scottish Mortgage Investment Trust reported strong annual earnings results boosted by non-recurring dividends most notably from its holding in Polish copper miner KGHM. Earnings per share totalled 15.59p for the year to March 31st, compared to 13.07p in 2012. However, the group expects the follow

Scottish Mortgage sees NAV fall, but earnings rise

Scottish Mortgage Investment Trust, the FTSE 250-listed trust run by investment manager Baillie Gifford, saw net asset value (NAV) decline in the first half, though earnings were helped higher by dividend-paying companies on the portfolio. NAV per share dropped by 1.5% over the six months to Septem

Scottish Mortgage stages second-half comeback

The financial year just ended was one of two halves for Scottish Mortgage Investment Trust, with the second being much more to management's liking. Over the year to March 31st net asset value (NAV) per share fell by 5.8% and the share price by 4.6%, both of which represented under-performance again

Scottish Mortgage prepared for short-term pain

The first half of the financial year has been a rough one for Scottish Mortgage, with the investment trust's net asset value per share (NAV) falling by 20.5%. The decline in NAV in the six months to the end of September was worse than the 16.1% fall in the FTSE All World index in sterling terms, th

Boss' s wife splashes out on Standard Life shares

The wife of Standard Life's chief executive has spent nearly £300,000 on a stake in the insurer, the day after the company announced it had a "good" 2010. Caroline Nish, wife of David, bought 125,000 shares at 2,24p a time, taking the couple's stake to about 550,000 shares. The UK's fourth-largest

Scottish Mortgage Investment Trust 3-Month NAV -11%

LONDON (Dow Jones)--Scottish Mortgage Investment Trust (SMT.LN), a low cost investment trust, said Tuesday its net asset value for the three months ended June 30 fell by 11%, while the FTSE All World Index in sterling terms, the benchmark, fell by 10.7%. MAIN FACTS: -Net asset value per shar

Scottish Mortgage ends 2009 with a flourish

Portfolio managers at Scottish Mortgage Investment Trust will have enjoyed their Hogmanay after the trust's net asset value bounced 8% higher in the fourth quarter of 2009. Net asset value (NAV) per share, after deducting borrowings at fair value, rose to 609.6p at the end of 2009 from 567.8p at th

Scottish Mortgage chairman to leave on a high

Global equities investment trust Scottish Mortgage gave its benchmark comparison index, the FTSE All World index, a pounding over the 6 months to 30 September. The investment trust said its net asset value (NAV) per share soared 48% over the reporting period, versus a 28% increase in the FTSE All W

Scottish Mortgage Inv Trust names new chairman

Scottish Mortgage Investment Trust announced that John Scott will replace Sir Donald MacKay, who intends to retire on 31 December, as chairman of the group. Scott, who joined the board in 2001, will succeed MacKay as chairman of the company and chairman of the Nomination Committee. MacKay was app