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…