Insights

Coined by Kipling and adopted by investor Jim Slater, "elephants can’t gallop" highlights the easier growth potential of smaller companies. Scottish Oriental Smaller Companies Trust has a track record in this area.

The Scottish Oriental Smaller Companies Trust aims for long-term capital growth by investing in smaller Asian companies, using a distinct investment approach since 1988.

Kansai Nerolac, a leading Indian paints company, has shown consistent growth and strong cash flows. FSSA Investment Managers raised sustainability concerns, but the company responded with concrete decarbonisation plans and verified targets.

The Scottish Oriental Smaller Companies Trust plc has been ranked as the top performing investment trust ISA over the last 25 years by The Association of Investment Companies (AIC).

The year 2023 turned out to be fairly pedestrian in terms of emerging markets’ performance. The asset class was weighed down by China, which recorded its third consecutive year of negative returns.

This is the thirteenth annual update on the Scottish Oriental Smaller Companies Trust plc. Our aim is to provide a general update on some of our current thoughts and views, insights about existing holdings, and changes to the portfolio over the period.

Read our India Client Update - October 2023: We shared our learning from investing in India and Solara Active Pharma here.

Read our India Client Update - June 2023: Insights on our Indian investments and market trends Scottish Oriental has identified and analysed.

In a Q&A, our China portfolio managers, Martin Lau, Winston Ke and Helen Chen, discuss investor queries and share insights from recent visits to mainland China.

Experience the highlights of Scottish Oriental's 2022 AGM. Delve into the informative presentation by Deputy Portfolio Manager, Sree Agarwal, as he unveils "What to Expect from Scottish Oriental."