Odyssean Investment Trust launched in May 2018 and it has been one of the best-performing UK small-cap investment trusts since its IPO. It has a highly concentrated portfolio and a strict valuation discipline, seeking out-of-favour quality companies mostly in the £100m to £1bn market cap range. Its managers, Stuart Widdowson and Ed Wielechowski, both used to work in private equity at HgCapital and Odyssean uses a similar approach, actively engaging with company management and encouraging them to take the steps needed to get their businesses back on track.
Like Baillie Gifford US Growth, whic...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
For premium subscribers we do regular interviews with fund managers and analysts about current market conditions and funds and markets (occasionally shares) that we invest in. The latest one is with Harry Nimmo, the long serving manager of the Standard Life UK Smaller Companies trust and its open-ended sister fund. Rather than a podcast, this Q and A mostly consists of edited extracts from the transcript. It can be usefully read in conjumtion with the podcast interview with Laura Foll, co-manager with James Henderson of both Lowland (ticker: LWI) and Henderson Opportunities Trust (HOT), two ot...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
Stuart Widdowson is the manager of the Odyssean investment trust, a relatively recent newcomer to the UK smaller companies sector, it having IPOed in May 2018. The investment approach he adopts is the same however as the one which he pursued when managing the Strategy Equity Capital trust, with good results, from 2009 to 2016, so his track record therefore is effectively longer than it might at first appear.
The objective of the trust is to run a concentrated portfolio of UK-listed small and medium-sized companies that is largely neutral between a value and growth approach, with a focus on...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
© 2026 Money Makers