James Anderson, manager of IC Top 100 FundScottish Mortgage Investment Trust (SMT), explains why he likes Spain-listed Inditex, owner of clothing retailer Zara. At the end of 2012 Inditex accounted for 4.2 per cent of Scottish Mortgage Investment Trust's assets, making it the sixth largest holding, up from 2.53 per cent at the end of March 2012 - the end of the trust's financial year.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis