The Rothschild New Court Fund has opened positions in EADS and Anheuser Busch Inbev SA (NYSE:BUD) (EBR:ABI), in what looks to be a defensive measure in an investment environment with lots of high valuations. The New Court Fund, started in October 2011, totals £368.5 million in assets and has a net asset value of 12.06.
EADS is the European aerospace company best known for Airbus jets and Anheuser Busch Inbev SA (NYSE:BUD) (EBR:ABI) is the world’s largest brewer, owning major brands like Becks, Budweiser and Corona. “Both of these companies have high market shares and substantial barriers to entry, helping them to generate sustained growth in profits,” says the fund's quarterly report. “As shareholders, we expect to be amply rewarded over the...

