Last checked at 
8 Jul 2022 11:04
London, UK, 8 July 2022
Edison issues update on The European Smaller Companies Trust (ESCT)
The European Smaller Companies Trust (ESCT) is positioned further down the market capitalisation scale than its AIC peers making full use of its permanent capital base. The stylistically balanced profile incorporating growth, value and core characteristics gives it the potential to outperform over the longer term regardless of shorter-term market leadership. The experienced and long tenured fund manager, Ollie Beckett, believes that the current high levels of inflation will moderate, but will likely settle in the long term in the 3-4% range, presenting differing challenges and a divergent economic landscape for investors to navigate.
ESCT can provide genuine small-cap exposure to investors via an established and efficacious process managed by an experienced team of small-cap specialists. While a niche area, it has diversification benefits and so could appeal to those investors wishing to diversify their large-cap Europe ex-UK exposure or those wishing to access the higher-growth potential of European smaller companies. The combination of an experienced and well-resourced management team, a proven and repeatable investment process and a balanced portfolio not beholden to any one style gives this trust the potential to outperform through a variety of market conditions. It is also arguably the purest small-cap fund in the AIC category with a lower average market cap of its portfolio holdings than that of its peers, which we feel plays appropriately to the strengths of the closed ended structure.
Click here to view the full report or here to sign up to receive research as it is published.
All reports published by Edison are available to download free of charge from its website
www.edisongroup.com
About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors. By focusing on the volume and quality of investors reached - across institutions, family offices, wealth managers and retail investors - Edison can create and gauge intent to purchase, even in the darkest pools of capital, and then make introductions via non-deal roadshows, events or virtual meetings.
Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector. Headquartered in London, Edison also has offices in New York, Frankfurt, Amsterdam and Tel Aviv and a presence in Athens, Johannesburg and Sydney.
Edison is authorised and regulated by the Financial Conduct Authority.
Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.
For more information, please contact Edison:
David Holder +44 (0)20 3077 5700 investmenttrusts@edisongroup.com
Learn more at www.edisongroup.com and connect with Edison on:
LinkedIn www.linkedin.com/company/edison-group-/
Twitter www.twitter.com/Edison_Inv_Res
YouTube www.youtube.com/edisonitv