Baillie Gifford set for boost from synthetic biology firm Spac listing
Scottish Mortgage and Baillie Gifford US Growth Trust both hold Ginkgo Bioworks which is set to go public in Q3
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
This is ‘the highest profile investment trust fund manager departure in living memory’
Tom Slater will continue to run Scottish Mortgage with Lawrence Burns becoming deputy manager on the £16.5bn trust
Scottish Mortgage’s 0.8% stake was valued at £124.5m at the end of September
Scottish Mortgage, BG US Growth Trust and Edinburgh Worldwide Investment Trust shares down 30% from mid-February highs
Managers James Anderson and Tom Slater sliced their stake in Elon Musk’s EV company to 5.1% at the end of January
‘If there is a potential investor who can write the whole cheque… that is the phone call I will make first’