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Jefferies reiterates SMT 'Buy' rating following 'useful' private equity disclosures


The meeting took place yesterday (11 January) and Jefferies analysts Matthew Hose and Fiona Huang said the managers’ presentation regarding the trust’s ten largest private equity holdings reassured them of the “robustness of the valuation process”.
Scottish Mortgage top ten unlisted holdings deep dive reassures analysts
Scottish Mortgage was publicly criticised by former board member Amar Bhidé during a high-profile conflict with then chair Fiona McBain, accusing the trust of being unable to properly manage its exposure to illiquid investments.
This came after several months of ana…



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