Baillie Gifford to open Shanghai office – reports
Edinburgh-based fund management giant Baillie Gifford is set to open an office in Shanghai in the coming months as it moves to beef up its…
Edinburgh-based fund management giant Baillie Gifford is set to open an office in Shanghai in the coming months as it moves to beef up its…
By Mark McSherry Edinburgh-based fund management giant Baillie Gifford, one of Tesla’s biggest shareholders, has claimed that Tesla could be worth more than the $420…
Edinburgh-based global fund management giant Baillie Gifford, which manages £193 billion of assets, has confirmed reports that it is to set up a new EU subsidiary company…
Edinburgh-based fund management giant Baillie Gifford is set to take all 60,000 sq ft of a new office space development at 20 West Register Street…
The board of the £259 million investment trust Schroder UK Growth Fund plc has terminated Schroder Unit Trusts Limited as the fund’s manager and given the mandate…
Edinburgh-based fund management giant Baillie Gifford said it successfully raised gross proceeds of £173 million for the launch of its Baillie Gifford US Growth Trust….
Edinburgh-based fund management giant Baillie Gifford announced its intention to raise £250 million through the launch of a new investment trust company, the Baillie Gifford…
The fund managers who run Edinburgh-based Baillie Gifford’s flagship £6 billion fund, the Scottish Mortgage Investment Trust plc, are making new investments in cutting-edge healthcare companies that…
Baillie Gifford’s flagship £5 billion fund, the Scottish Mortgage Investment Trust plc, said Fiona McBain would succeed John Scott as chairman of the FTSE 100…
Baillie Gifford’s flagship £5 billion closed-end fund company, the Scottish Mortgage Investment Trust plc, will enter the FTSE100 index for the first time in its…
Edinburgh-based fund manager Baillie Gifford & Co. announced it would appoint three new partners on May 1, 2017, taking its total number of partners up to 43. Baillie Gifford employs…
Baillie Gifford’s flagship £4.7 billion equity closed-end fund — the Scottish Mortgage Investment Trust — said both its net asset value (NAV) and share price rose 25% on a…
Edinburgh-based investment firm Baillie Gifford has added to its Japanese fund range with the launch of the Baillie Gifford Japanese Income Growth Fund. Baillie Gifford had…
The board of Edinburgh-based fund manager Baillie Gifford’s flagship fund — the Scottish Mortgage Investment Trust company — plans to limit to 25% the amount of the…
The UK’s Investment Association (IA) is staging a new flagship event, the IA Scottish Investment Conference, at the Edinburgh International Conference Centre (EICC) on Tuesday….
By Mark McSherry Baillie Gifford’s troubled £730 million Edinburgh Worldwide Investment Trust has announced changes to its team structure and investment process in an effort to…
By Mark McSherry Baillie Gifford’s flagship investment trust, the £13.5 billion Scottish Mortgage fund, said it cashed in some of its huge profits from the…
By Mark McSherry Scottish Financial Enterprise announced it will partner with The City of London Corporation to deliver a flagship summit in Edinburgh next year…
Edinburgh investment giant Abrdn has welcomed the news that the UK government and the Financial Conduct Authority (FCA) have temporarily exempted investment trusts from complying…
KPMG’s latest UK Financial Services Sentiment Survey of 150 industry leaders found that 90% of them plan to increase their footprint outside of London in…
Baillie Gifford’s flagship investment trust, the £14 billion Scottish Mortgage fund, bounced back in the year to March 31, 2024, delivering a share price return…
US hedge fund and activist investor Elliott Investment Management has acquired a 5.037% exposure stake in Baillie Gifford’s £14 billion flagship fund, the Scottish Mortgage…
Baillie Gifford’s flagship investment trust, the £14 billion Scottish Mortgage fund, announced it will make at least £1 billion available to buy back its shares over…
Only 12% of investment trust managers are female, according to research from the Association of Investment Companies (AIC). This figure remains unchanged since 2022 and…
The International Corporate Governance Network (ICGN), a group of international institutional investors with $77 trillion of assets, have warned that proposed reforms to company listing…
Alliance Trust plc, the £3.4 billion Dundee fund, announced that Gregor Stewart will retire from the board and as chair of the investment trust company…
Trade body Scottish Financial Enterprise (SFE) has launched “Scotland’s new vision for financial services: a sector growth strategy using our technology and ecosystem advantage.” The plan aims to unlock…
The board of the £13 billion Scottish Mortgage Investment Trust announced the appointment of Stephanie Leung as independent non-executive director of the closed end fund…
Scotland has returned to its historic position as the top location for financial services foreign direct investment (FDI) in the UK outside of London, according…
The £13.3 billion Scottish Mortgage Investment Trust, Baillie Gifford’s flagship fund, has reiterated its commitment to investing in “exceptional growth companies” despite announcing share price and net…
Former Baillie Gifford and Scottish Mortgage fund manager James Anderson has joined an investment management firm backed by the Agnelli Italian industrial dynasty. Anderson has joined…
The giant Scottish Mortgage Investment Trust announced on Wednesday the appointment of Sharon Flood and Vikram Kumaraswamy as independent non-executive directors of the company, with…
Amar Bhidé, the director who said he was removed by a vote of the board at the £13.4 billion Scottish Mortgage Investment Trust, has revealed he…
Scottish Mortgage Investment Trust, Baillie Gifford’s flagship fund, on Tuesday announced big changes to its board following claims last week by one departing director, Amar…
A director of Scottish Mortgage Investment Trust, Baillie Gifford’s flagship fund, has told Scottish Financial Review he was “removed” from the board of the £13.4…
Scotland’s national digital skills academy CodeClan and specialist recruitment firm Eden Scott have formed a partnership to “deliver tech talent to Scotland plc.” The tie-up…
Ahead of the Six Nations rugby starting this weekend, new data from social investing network eToro shows that the strongest XV Scotland-headquartered stocks have easily…
By Mark McSherry — Former Baillie Gifford fund manager James Anderson has made a gift of $100 million to Johns Hopkins University’s School of Advanced International…
By Mark McSherry — The half-year report from the £14 billion Scottish Mortgage Investment Trust plc is another sobering read from the giant closed-end fund which…
Scottish Mortgage Investment Trust, Baillie Gifford’s flagship fund, on Friday reported its net asset value per share (NAV) fell almost 18%, with borrowings at book value, for…
Morningstar has reported that outflows from UK-domiciled funds hit a new record in September as investors withdrew £11.25 billion – the biggest outflow in 10…
Baillie Gifford’s £2.5 billion Monks Investment Trust plc announced it has agreed a proposed combination of the company with the assets of the much smaller Independent Investment…
Baillie Gifford’s £15 billion flagship fund Scottish Mortgage has revealed it carried out 351 revaluations on the private companies it holds in the first half…
Scottish Mortgage Investment Trust once again retained its title as the most-popular investment trust among Interactive Investor customers in May, despite the fund’s high-flying share price…
By Mark McSherry Scottish Mortgage Investment Trust has admitted it made a “mistake” in reducing its holdings of western online platform companies rather than their…
Baillie Gifford’s Scottish Mortgage Investment Trust has lost its position as the largest UK investment trust by stock market value amid the brutal sell-off in…
Abrdn’s investment platform Interactive Investor announced that the number of customers investing through its “regular investing” service rose by 19% in the first quarter of the…
Shares of Perth-based renewable energy and power networks giant SSE touched a record high over £17 a share on Tuesday after the company raised its annual earnings…
Edinburgh has maintained its place as a leading international financial centre in the latest Global Financial Centres Index (GFCI), placing seventh in Western Europe, second…
M&G Real Estate and its property development partner Qmile Group announced they have pre-let all 390,000 sq ft of Grade A office accommodation at the £350…
Baillie Gifford legendary investor James Anderson has said fund management “has inherently become inward looking” too often obsessed with share buybacks and dividends. Anderson said…
The £800 million Abrdn UK Smaller Companies Growth Trust plc and Baillie Gifford’s £1 billion Scottish American Investment Company plc were among the best performing investment trusts of…
M&G Real Estate and property developer partner Qmile Group said on Thursday they have agreed pre-lets for 55% of Haymarket One at the new £350…
Baillie Gifford’s high-flying flagship fund, the £21 billion Scottish Mortgage Investment Trust plc, said on Monday it has increased its investment in healthcare and biology companies…
Fundraising by existing investment trust companies in 2021 has already exceeded the previous 2019 record for secondary fundraising — with £8.71 billion raised so far…
By Mark McSherry ESG investment frameworks “are profoundly damaging to the prospect of changing the corporate sector” according to James Anderson, the outgoing joint manager of…
Baillie Gifford’s high-flying flagship fund, the £20 billion Scottish Mortgage Investment Trust plc, announced the appointment of Prudential plc chief financial officer Mark FitzPatrick as a non-executive director….
By Mark McSherry US activist hedge fund Elliott Advisors is pushing for a breakup of Perth-based energy and networks giant SSE after building up a…
Edinburgh investment management giant abrdn has the highest percentage of women as fund managers amongst major global asset management companies with 100 managers or more….
Shepherd and Wedderburn, the largest Scottish-headquartered UK law firm, has reported 4.1% turnover growth to £59.3 million in the year to April 30, 2021, with…
Baillie Gifford’s high-flying flagship fund, the £20 billion Scottish Mortgage Investment Trust plc, announced it has raised a further £200 million by issuing two long-term, fixed…
Baillie Gifford fund manager James Anderson said the FTSE 100 “is really a 19th century and not even a 20th century index” and that the…
Baillie Gifford investment manager James Anderson has delivered a fiesty farewell message to shareholders of the firm’s high-flying flagship fund, the £18 billion Scottish Mortgage…
Baillie Gifford’s high-flying flagship fund, Scottish Mortgage Investment Trust plc, said on Thursday it produced its strongest ever return in the year to March 31,…
The Scottish Government has published plans to increase the value of private investment flowing into Scotland and make the country a “global centre of ethical finance.”…
The share price of Baillie Gifford’s high-flying flagship fund, Scottish Mortgage Investment Trust plc, fell another 6% on Thursday to around £10.88 as renewed worries about inflation and…
The £3 billion Dundee investment trust company Alliance Trust plc, which uses external fund managers Willis Towers Watson (WTW), announced board changes as it revealed…
A strong final quarter of 2020 saw shares in listed Scottish companies outperform the wider FTSE and AIM All Share indices as they soared 29.61%…
Office investment in Edinburgh totalled £210 million between Q1 and Q3 of 2020, slightly ahead of the £205 million long term average for this period,…
By Mark McSherry Baillie Gifford’s high-flying Scottish Mortgage Investment Trust plc has published results for the six months to September 30, 2020, showing the £15 billion…