Baillie Gifford to launch US patient capital trust
Baillie Gifford has announced its intention to raise £250m by launching a patient capital trust that will target American companies with long-term growth prospects.
Baillie Gifford has announced its intention to raise £250m by launching a patient capital trust that will target American companies with long-term growth prospects.
The Scottish American Investment Company (Saints) achieved a 2.5% year-on-year increase in its dividend last year, extending its unbroken run of rises to 38 years.
James Anderson, manager of the £6.5bn Scottish Mortgage Investment Trust, is “extremely disturbed” by Key Information Documents (Kids), saying they focus too much on past investment performance which could mislead investors.
Baillie Gifford has announced the appointment of five new partners as four existing partners retire, effective from 1 May 2018.
Baillie Gifford has promoted two staff to co-manager level on two of its bond funds to replace outgoing heavyweights, Stephen Rodger and Donald Phillips.
As the new year gets underway, Tony Yousefian, senior fund analyst at FundCalibre, identifies five fund managers to watch in 2018.
Baillie Gifford has appointed Svetlana Viteva and Luke Ward as deputy managers on the Edinburgh Worldwide Investment Trust.
Bonds have been an unloved asset class of late as investors’ mad scramble for yield has pushed the cost to unpalatable highs and they sought safety in cash, but does an impeding equity market correction mean that is set to change?
Holdings in Alibaba, Nvidia and Naspars helped propel the Baillie Gifford managed £1.6bn Monks Investment Trust to almost double the return of its benchmark index for the six months to 31 October, the closed-ended company announced today.
“The world has gone mad” Baillie Gifford’s Charles Plowden has said, comparing the boom in exchange traded funds (ETFs) to the hysteria which led to the global financial crisis.
Baillie Gifford has reduced annual management charges across its range of UK Oeics and Irish Ucits funds, with effect from 1 October 2017.
Baillie Gifford has launched a new ESG fund which will invest in companies setting out to make a “positive change” in the world.