B Gifford funds ‘appalled’ by ‘destructive’ hedge fund
Two more investment trusts run by Baillie Gifford have urged shareholders to reject all proposals by New York hedge fund Saba Capital Management to remove the funds’…
Two more investment trusts run by Baillie Gifford have urged shareholders to reject all proposals by New York hedge fund Saba Capital Management to remove the funds’…
By Mark McSherry Baillie Gifford’s £2.8 billion Monks Investment Trust plc said on Wednesday it reported a net asset value (NAV) total return of +6.3% for…
By Mark McSherry The £1.8 billion global Baillie Gifford Positive Change Fund announced it is adopting the Sustainability Impact Label under the Financial Conduct Authority’s Sustainability Disclosure…
By Mark McSherry The £310 million Baillie Gifford UK Growth Trust showed more evidence of an ongoing recovery under managers Iain McCombie and Milena Mileva…
By Mark McSherry Lisbon-based Tekever, which provides “drone-based Intelligence-as-a-Service,” announced that it raised €70 million in a funding round led by Edinburgh-based investment firm Baillie Gifford and…
Question 7 by Australian writer Richard Flanagan has been named winner of the £50,000 Baillie Gifford Prize for Non-Fiction 2024. Flanagan is currently trekking in…
The board of the £160 million Baillie Gifford China Growth Trust plc announced the introduction of a performance related conditional tender offer for 100% of its…
By Mark McSherry The £890 million Baillie Gifford Japan Trust plc said its net asset value (NAV) total return was 10% and “as market sentiment continued…
Pensions & Investment Research Consultants Ltd (PIRC), the UK-based corporate governance and proxy voting consultancy, has announced big changes to its leadership team. The changes will…
Edinburgh asset management giant Baillie Gifford has written to investors in its Baillie Gifford Health Innovation Fund to inform them of the fund’s closure after…
Edinburgh investment giant Baillie Gifford announced that Rachel Clarke, Richard Flanagan, Annie Jacobsen, Viet Thanh Nguyen, Sue Prideaux and David Van Reybrouck are the six authors…
By Mark McSherry The board of Baillie Gifford’s $1.2 billion Schiehallion Fund Limited gave its backing on Friday to the fund’s chair Linda Yueh after…
The longlist for the 2024 Baillie Gifford Prize for Non-Fiction has been announced. The winning author will receive £50,000, with the other shortlisted authors receiving…
By Mark McSherry The £680 million Baillie Gifford US Growth Trust plc said its share price and net asset value (NAV) returned 32.9% and 16.2%…
By Mark McSherry Edinburgh investment giant Baillie Gifford has announced that Andrew Telfer, one of its three managing partners, will retire on March 31, 2025,…
By Mark McSherry Baillie Gifford’s £1 billion investment trust Scottish American Investment Company (SAINTS) said its net asset value (NAV) total return was 5.5% for the…
Edinburgh investment giant Baillie Gifford has announced two key appointments as part of plans to expand its North American business and its commitment to US…
By Mark McSherry Baillie Gifford’s £2.8 billion Monks Investment Trust plc has reported “an encouraging return to positive relative performance” for the year to April 30, 2024. Monks…
The £50,000 Baillie Gifford Prize — the UK’s most prestigious prize for non-fiction — said it is fully committed its relationship with the Edinburgh investment giant,…
UPDATE 6 — The Borders Book Festival announced that after 2024 it will no longer be sponsored by Edinburgh investment giant Baillie Gifford, following intense…
The Edinburgh International Book Festival and Scottish investment giant Baillie Gifford have ended their 20-year partnership, citing the threat of disruption from activists. Baillie Gifford partner…
Baillie Gifford’s $1.2 billion Schiehallion Fund — which invests in private businesses that may go public — has reported that its ordinary share net asset value…
The £125 million Baillie Gifford China Growth Trust plc announced that its net asset value total return was negative 40.9% and its share price total return…
The £550 million Baillie Gifford Shin Nippon investment trust said the company’s net asset value per share declined 14.9% and its share price fell 20.5%…
Baillie Gifford’s £2.7 billion Monks Investment Trust plc announced the appointments of Randeep Singh Grewal and Stacey Parrinder-Johnson as non-executive directors of the company, both with effect…
Baillie Gifford’s £1 billion investment trust Scottish American Investment Company (SAINTS) reported that its share price total return was 8.2% and net asset value total return…
Edinburgh investment giant Baillie Gifford announced that it has created a dedicated China equities investment team “to better serve existing and potential clients.” Linda Lin,…
Scottish investment firm Baillie Gifford is preparing to axe dozens of jobs as part of an ongoing cost review, according to a Bloomberg report. The…
The £630 million Baillie Gifford US Growth Trust plc said its share price and net asset value (NAV) returned 12.3% and 4.1% respectively for the six months…
Edinburgh-based investment giant Baillie Gifford has appointed Amy Atack as a third managing partner and also four new regular partners, effective April 1. The firm’s other two…
Baillie Gifford’s £800 million Edinburgh Worldwide Investment Trust has reported that the fund’s net asset value (NAV) per share fell 23.6% and its share price fell 27.7%…
Baillie Gifford’s £700 million Edinburgh Worldwide Investment Trust has announced big changes to its board. Private equity expert Jonathan Simpson-Dent will succeed Henry Strutt as chairman…
Palo Alto-based precision oncology company Guardant Health, Inc. announced it has entered into a common stock purchase agreement with Edinburgh-based investment giant Baillie Gifford for…
Baillie Gifford’s £2.4 billion Monks Investment Trust plc announced that it has issued £74 million of fixed rate, senior, unsecured privately placed notes, denominated in Euros…
By Mark McSherry Baillie Gifford’s £2.4 billion Monks Investment Trust plc said it has continued with “a run of poor relative returns that began two years…
The £270 million Baillie Gifford UK Growth Trust plc has reported “another period of poor portfolio performance” for the six months to October 31, 2023, Over…
Edinburgh fund management giant Baillie Gifford has revealed that 25% of the money the firm invests is now entrusted to it “by clients who wish…
The managers of the £380 million Baillie Gifford European Growth Trust plc admitted their investment style “is very much out of favour” and they have “undoubtedly…
By Mark McSherry Edinburgh-based investment giant Baillie Gifford revealed on Monday that its assets under management and advice have fallen again — this time to…
Edinburgh investment giant Baillie Gifford has argued that “zero fossil fuel exposure today is not realistic” in a paper called “A response to fossil fuel…
By Mark McSherry Edinburgh fund management giant Baillie Gifford has explained its approach and attitude to investing its £235 billion of assets in the current…
The £609 million Baillie Gifford US Growth Trust plc said its share price and net asset value (NAV) returned -13.8% and -2.7% respectively in the year…
Baillie Gifford has hit back strongly against climate activist Greta Thunberg who has pulled out of the Edinburgh International Book Festival alleging that the Edinburgh investment…
By Mark McSherry Baillie Gifford’s latest “Annual Value Assessment” report on its UK authorised funds has reported that 18 of 36 funds run by the…
By Mark McSherry Baillie Gifford’s flagship investment trust, the £13 billion Scottish Mortgage fund, has explained to its shareholders the extent of its investments in…
By Mark McSherry Baillie Gifford’s £2.6 billion Monks Investment Trust plc said its net asset value (NAV) total return was -1.6% and share price total return…
The £300 million Baillie Gifford UK Growth Trust has reported a “poor year of relative performance” for the year to April 30, 2023, in which net…
By Mark McSherry Edinburgh-based investment giant Baillie Gifford is to invest a further $180 million in Santa Cruz-based electric aircraft maker Joby Aviation. The news…
By Mark McSherry Baillie Gifford’s £630 million Sustainable Growth Fund sold out of its position in the failing First Republic Bank “very quickly” in March after…
James Shapiro’s book called 1599: A Year in the Life of William Shakespeare has been named winner of the £25,000 Baillie Gifford Prize for Non-Fiction…
Edinburgh-based global investment management partnership Baillie Gifford will appoint seven new partners from May 1, 2023. In total, the partnership will rise to 57. Baillie Gifford…
Baillie Gifford’s £630 million Shin Nippon investment trust has reported that its net asset value (NAV) per share declined by 1.2% and its share price fell 8.9%…
By Mark McSherry — Baillie Gifford’s £950 million investment trust Scottish American Investment Company (SAINTS) has extended the company’s record of dividend increases to 49 consecutive years. The…
By Mark McSherry The £600 million Baillie Gifford US Growth Trust plc reported that the fund’s share price and net asset value (NAV) returned -4.6% and…
Baillie Gifford’s £880 million Edinburgh Worldwide Investment Trust reported that the company’s net asset value (NAV) per share decreased by 40.3% and the share price by 46.0%…
Edinburgh-based investment group Baillie Gifford has appointed Arthur Milson as a co-manager of its £631 million Baillie Gifford High Yield Bond Fund. Milson joins existing managers…
By Mark McSherry — Baillie Gifford’s £2.3 billion Monks Investment Trust plc said it made a loss on investments of £164.1 million in a “disappointing” six months…
By Mark McSherry — The £275 million Baillie Gifford UK Growth Trust plc reported that its net asset value (NAV) total return per share declined by 10.9%…
The £370 million Baillie Gifford European Growth Trust announced its net asset value per share (NAV) total return was -40.4% for the year to September 30,…
By Mark McSherry — Edinburgh-based fund management group Baillie Gifford revealed on Wednesday that its assets under management and advice have fallen roughly 40% to £216…
Former Schroders fund manager Katherine Davidson has joined Edinburgh-based investment giant Baillie Gifford as an investment manager in its Global Stewardship Strategy. Baillie Gifford said its…
By Mark McSherry — The £200 million Baillie Gifford China Growth Trust plc said “the risk of a Lehman’s style moment in China is very low” as…
By Mark McSherry The £600 million Baillie Gifford US Growth Trust plc announced its share price and net asset value (NAV) returned -45.5% and -35.3%…
Edinburgh-based asset management giant Baillie Gifford announced it has placed 12 of its “UK authorised” funds on a watchlist for performance and will “monitor progress…
Edinburgh-based fund management giant Baillie Gifford said the global rout in growth stocks “has been both staggering and sobering” and has been a “humbling experience for…
Baillie Gifford’s £2.6 billion Monks Investment Trust plc said its net asset value (NAV) total return was -18.9% compared to a total return of +6.1% for the…
The £300 million Baillie Gifford UK Growth Trust said its net asset value per share (NAV) total return was negative 16% in the year to April…
Baillie Gifford’s £1 billion Edinburgh Worldwide Investment Trust said its net asset value per share fell 34.1% in the six months to April 30, 2022, as the stocks favoured…
Edinburgh-based investment giant Baillie Gifford revealed on Tuesday that its assets under management and advice have fallen more than 30% to £239 billion since the…
Two managers of Baillie Gifford’s flagship fund, the £17 billion Scottish Mortgage Investment Trust plc, have said the Edinburgh investment firm is in the business…