Scottish Mortgage

The Scottish Mortgage Investment Trust Annual General Meeting (AGM) took place in Edinburgh on 27 June 2019. In addition to the business of the day, there were presentations from the Trust's managers, James Anderson and Tom Slater, which you can now watch here.

Tom Slater shares his enthusiasm for Spotify, a subscription streaming business that has grown to be a global product under the guidance of its founder CEO Daniel Ek.

Shopify helps companies looking to sell their goods online. It is regarded by Amazon as a partner and, as Tom Slater explains, with a growing number of companies looking to have an online presence, it has a massive potential opportunity.

ANT Financial is a private online payments business that started life as part of the Chinese e-commerce giant Alibaba. Tom Slater explains what attracted him to take a holding in ANT for Scottish Mortgage.

Joint managers, James Anderson and Tom Slater, believe that the rapid progress in several industries has created some exciting new businesses with deep competitive advantages, targeting large opportunities. These are exactly the types of companies Scottish Mortgage seeks to own for long periods of time. Watch the film to discover how you could invest in this progress too.

James and Tom continue their discussion, moving on to talk through portfolio companies which are at the forefront of significant change in their industries.

James Anderson and Tom Slater discuss some of the key investment lessons they have learnt and how these impact the distinctive way in which they invest.

James Anderson and Tom Slater, joint managers of Scottish Mortgage, discuss what is currently exciting them and take a look into the future to offer their views on which companies have the potential to be the world’s largest businesses a decade or more from now.

Catharine Flood talks to James Anderson and Tom Slater, joint managers of Scottish Mortgage, about the value they attach to the corporate culture of a company when making investment decisions and the importance of having access to senior management and good academic sources when conducting their research.

James Anderson and Tom Slater, joint managers of Scottish Mortgage, discuss the importance of continuing to have faith in the investment case and to maintain holdings in companies with attractive long-term prospects, even when the profits and the share prices of those companies suffer volatility during bouts of stock market weakness.

Kering is a global luxury brand company which owns big names such as Gucci, Bottega Veneta and Saint Laurent. James Anderson tells Catharine Flood what first attracted him to Kering, also touching on Ferrari as a luxury brand, and why he remains enthusiastic over the company’s prospects.

Catharine Flood asks James Anderson how he identified the exceptional investment prospects for Illumina, and seeks his views on likely growth at the company as the cost of gene sequencing continues to fall, as well as at Illumina’s spin-off company Grail which is a trailblazer in liquid biopsy.

Mark Urquhart explains to Tatjana Evans-MacLeod why he initially decided not to invest in Netflix, why he changed his view and the reasons for his growing optimism over strong investment performance in the longer term as Netflix expands its global audience.