Jonathan Davis The Scottish Mortgage effect As Simon Elliott noted in our weekly podcast, the market makers in Scottish Mortgage have had an unprecedentedly busy time in the last few weeks. As a large and liquid trust that now sits comfortably in the FTSE 100 index, it has become a go to option for many traders, not just investors with normal longer term horizons. It is hard to recall a similar case where, in the absence of specific news, a well capitalised diversified investment fund has witnessed such dramatic volatility over such a short period of time. I am not sure it is a healthy...