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Evening Standard

Business

Simon English

Tesla investor Scottish Mortgage sees asset plunge in markets turmoil

Tesla Inc. Scottish Mortgage Investment Trust

SCOTTISH Mortgage Investment Trust, one of the oldest funds in the City, today admitted its assets have plunged by 15% is just the last six months in the latest sign that stock pickers are finding it difficult to deal with wider economic turmoil.

The £14 billion fund made a name for itself as an early investor in Tesla, which is still a large holding at 7%.

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Gunman kills pregnant woman, 2 children and 5 others in massacre of Pennsylvania family

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One subscription that gives you access to news from hundreds of sites

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A judge seals Cornell case files after a Marine who shares a name with one of the accused men and his family face threats over a wrong address

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