Money Makers

Mid Wynd International (MWY) was listed in 1981 although it can trace its corporate roots back to the 18th century. It has been a global equity trust equity for the last four decades, managed by Baillie Gifford up to 2014 and then Artemis for nearly a decade before the team of Louis Florentin-Lee and Barnaby Wilson at Lazard took over in October 2023. The trust still runs a fairly concentrated portfolio but it now has more of a quality/low-turnover style bias. MWY performed very well under Artemis and its tight discount control policy saw its share count grow from 22.5m to 66m. The team at Laz...