Baillie Gifford takes over £215m Witan in China move
Edinburgh-based investment giant Baillie Gifford is to take over the management of the £215 million Witan Pacific Investment Trust plc and change the fund’s investment…
Edinburgh-based investment giant Baillie Gifford is to take over the management of the £215 million Witan Pacific Investment Trust plc and change the fund’s investment…
Edinburgh-based fund management giant Baillie Gifford has confirmed that it will not after all expand by moving staff into a new landmark building in Edinburgh….
Baillie Gifford fund manager James Anderson has donated an initial £3.1 million to the SPFL Trust charity to help Scottish football and its communities recover…
The £800 million Edinburgh Worldwide Investment Trust plc said on Monday its net asset value per share increased 16.4% and its share price rose 21.7%…
The SPFL said on Monday it held a “positive initial discussion” with Baillie Gifford fund manager James Anderson about his “extremely generous” offer in a…
Baillie Gifford’s James Anderson, co-manager of the £9 billion Scottish Mortgage Investment Trust, took a swipe at American investment guru Warren Buffett’s “value” investment style…
Baillie Gifford’s flagship fund, the Scottish Mortgage Investment Trust plc, has soared above a record £10 billion stock market valuation this week — with its…
Edinburgh-based fund management giant Baillie Gifford said on Friday its joint senior partner Charles Plowden will retire on April 30, 2021, after almost four decades…
Edinburgh-based fund management giant Baillie Gifford is planning to launch a fund using artificial intelligence (AI). Baillie Gifford joint senior partner Charles Plowden told an…
The Baillie Gifford Prize for Non-Fiction will hold its first ever US event at the Brooklyn Book Festival on Sunday, September 22. American-Ukrainian author Serhii…
The Women’s Tour of Scotland announced that Edinburgh investment giant Baillie Gifford will be its new lead partner as the list of teams that will…
An investment of around £200 million by Edinburgh-based fund management giant Baillie Gifford in online ticketing firm Trainline has paid off immediately. Baillie Gifford committed…
The chair of Baillie Gifford’s flagship £8 billion fund, the Scottish Mortgage Investment Trust plc, has warned shareholders they should not rely too much on…
Edinburgh-based investment giant Baillie Gifford has opened its first client office in mainland Europe — in Frankfurt — as part of plans for continued growth…
Edinburgh-based investment giant Baillie Gifford has introduced a new parental leave policy which offers up to 52 weeks leave to any employee becoming a parent,…
Edinburgh-based fund management giant Baillie Gifford on Thursday announced the appointment of two new partners, effective May 1, 2019, and the retirement of three partners….
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…
By Mark McSherry Financial industry leaders on Tuesday set out ambitious plans to unlock growth in Scotland’s investment management sector with a plan to double assets…
Cairngorm Mountain, one of Scotland’s leading outdoor attractions, has appointed Mike Gifford as its new chief executive. Reporting to the board of the company, which…
Edinburgh and Glasgow have boosted their positions as leading global financial centres, according to the latest Z/Yen Global Financial Centres Index, the leading measure of…
The Association of Investment Companies (AIC) has launched a campaign to ensure all investors can exercise their right to vote their shares amid the attack…
The board of Herald Investment Trust plc announced that requisitioned resolutions to oust the current board put forward by US activist hedge fund Saba Capital…
Baillie Gifford’s £800 million Edinburgh Worldwide Investment Trust — one of the seven investment trust companies currently under attack from New York activist hedge fund…
The Association of Investment Companies (AIC) has written to the Financial Conduct Authority (FCA) to raise concerns about protection of retail shareholders’ interests follows the attack…
Analysts at Investec have described the attack by US activist hedge fund Saba Capital Management on seven UK investment trust companies as “an egregious and…
The Association of Investment Companies (AIC) has written to the major retail investment platforms urging them to make their customers aware of the general meetings…
By Mark McSherry Baillie Gifford’s £800 million Edinburgh Worldwide Investment Trust said a requisition notice from New York hedge fund Saba Capital Management for a general…
By Mark McSherry New York hedge fund Saba Capital Management said it has requisitioned the boards of seven UK investment trusts “to convene general meetings of…
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…