Baillie Gifford has announced that Andrew Telfer, one of three managing partners, will retire on 31 March 2025 after almost 33 years with the firm, including 13 as a managing partner and CEO. His successor will be Tim Campbell, who has been with the firm for 25 years and a partner for 12.
Baillie Gifford
Monks Investment Trust, managed by Baillie Gifford, has sold its £20 million stake in Rio Tinto due to concerns over the mining giant's environmental and governance practices.
The National Galleries of Scotland (NGS) has said it will maintain its sponsorship deal with Baillie Gifford, despite other cultural institutions cutting ties amid activist pressure due to the investment firm's links to fossil fuels and Israeli settlements in the occupied West Bank. National Galleri
Edinburgh-headquartered investment management firm Baillie Gifford has withdrawn sponsorship from all remaining literary festivals, including Cambridge, Stratford, Wigtown, Henley, and Wimbledon.
The Edinburgh International Book Festival and Baillie Gifford have ended their 20-year partnership, following the withdrawal of several authors and threats of disruption from activists. The festival board said the pressure had become "intolerable", and, as a result, believe their ability to del
The Scottish Mortgage Investment Trust, the flagship fund of Edinburgh-based Baillie Gifford, has announced its largest ever share buyback programme.
Baillie Gifford is to close four fixed-income funds and focus on growing its fixed-income business exclusively in the UK market, as the Edinburgh-based investment management firm prepares to lay off dozens of employees. It has been reported that Baillie Gifford is closing three funds from its I
The Scottish Mortgage Investment Trust (SMT) has announced that its chair, Fiona McBain, along with non-executive director Paola Subacchi, will depart after its June AGM. Subject to shareholder voting at the AGM, Justin Dowley, the company's current senior independent director, will succee
CodeClan has announced that students from its Youth Academy will be starting their paid internships at a collective of Scottish companies and universities that have partnered with the programme.
Edinburgh-based Baillie Gifford released annual results for its US Growth Trust, which has £785 million AUM, showing a -45% return over the past financial year.
The historic Scottish Mortgage Investment Trust, managed by Baillie Gifford, has seen its net asset value drop by 13.1% in the 12 months to the end of March. The £14 billion fund also suffered a 9.5% drop in its share price, compared with a 12.8% increase for its benchmark FTSE All-world Index
CodeClan, Scotland’s national digital skills academy, has partnered with Baillie Gifford to launch CodeClan Youth Academy, an 8-week programme based in Edinburgh and sponsored by the investment manager that includes a 4-week coding bootcamp at CodeClan, followed by a 4-week paid internship at
Baillie Gifford, the global investment management partnership, has appointed Ross Mathison as a portfolio manager of its Global Income Growth Fund and Responsible Global Equity Income Fund. Mr Mathison joined existing managers James Dow and Toby Ross on the funds on January 1.
Seven social enterprises that took part in Social Investment Scotland’s (SIS) ambitions leadership programme have been awarded a share of £35,000 grant funding to support continued growth and drive greater impact. Four Square, operators of the Edinburgh Furniture Initiative that works to
The Scottish Mortgage Investment Trust plc, a trust managed by Baillie Gifford, has seen its Net Asset Value (NA) rise by 16% in the six months to 30 September 2021. This figure compares to a 9% increase in the FTSE All-World index.