Heather Connon looks at how our investment panel fared this year, and what they back for 2007
Sunday December 31, 2006
The Observer
Patrick Edwardson, manager of the Scottish American Investment Trust at Baillie Gifford
Highway Insurance
'Highway is a small motor insurance underwriter [its market cap is £155m]. Better management and improving market conditions for motor insurance should drive earnings higher and it's absurdly cheap on eight times 2007 earnings and with a 7.3 per cent yield.'
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