Scottish Mortgage spikes 25% as James Anderson moves into the final lap
Moderna replaces Tencent as £22bn trust’s largest holding
Moderna replaces Tencent as £22bn trust’s largest holding
£19.1bn trust’s top rating reinstated thanks to falling fund fees
New addition to Scottish Mortgage’s unquoted portfolio also hints at possible IPO 18 months down the line
James Anderson’s trust saw assets double from £9.2bn to £18.3bn in the year to the end of March
Baillie Gifford is not the only manager looking to boost exposure to private companies
Money transfer app makes up over 8% of Richard Watts and Nick Williamson’s late-stage company trust
Scottish Mortgage and Baillie Gifford US Growth Trust both hold Ginkgo Bioworks which is set to go public in Q3
Co-manager Tom Slater says far longer periods are required to assess the strength of investment approach
Baillie Gifford ponied up $100m in Blockchain.com’s latest funding round
II says incoming deputy manager Lawrence Burns is an ‘ideal fit’ for the £17bn trust
Scottish Mortgage boss ‘lukewarm’ about food delivery platform’s ability to replicate the success of Meituan and Delivery Hero
Style drift, bad stock-picking and misinterpreting the investment process are the main risks when an established manager passes the baton