What could Elliott’s stake in Scottish Mortgage mean? March 24, 2024 News emerged last week that US hedge fund and activist investor Elliott Investment Management has taken a £600m stake in Scottish Mortgage Investment Trust. But what could this mean for the trust? The 5.04 cent stake now makes Elliott the largest shareholder in the Baillie Gifford-managed trust. The second largest investment trust in the UK, [...]
‘This clearly shows the absurdity of UK stock market valuations’: Currys urged to accept offer that values it at over £1bn March 5, 2024 Currys should accept a takeover offer that would value the company at more than £1bn, according to one of its shareholders.