Baillie Gifford, the global investment management partnership, has lowered the annual management fee on the Baillie Gifford UK Equity Alpha Fund B class shares, with effect from 1 October 2021. The annual management fee has been reduced from 0.55% to 0.47%. The £1bn UK Equity Alpha Fund aims t
Baillie Gifford
Baillie Gifford, the global investment management partnership, has lowered the annual management fee on the Baillie Gifford US Growth Trust, with effect from 1 September 2021. The annual management fee is now as follows: 0.70% on the first £100m of net assets, 0.55% on the next £900m of
The Scottish Mortgage Investment Trust PLC, a company managed by Baillie Gifford, has raised a further c.£200 million by issuing two long-term, fixed-rate, senior, unsecured private placement notes. The first is a 15-year note for £100m with a fixed coupon of 2.03%, the second, a 25-year
Baillie Gifford US Growth Trust plc has posted strong full-year results with the company's share price and net asset value returning 63.0% and 62.8% respectively. This compares with a total return of 22.4% for the S&P 500 Index.
Three UK investment management firms, Standard Life Aberdeen, Baillie Gifford and Stewart Investors, have collaborated with the charity Future Asset and the not-for-profit organisation Breaking Through Careers to develop an investment management podcast series. The series will break down industry ja
Baillie Gifford UK Growth Trust plc has posted strong results for the year ended April 30 2021 with Net Asset Value (NAV) per share reaching 37.7% compared to a total return of 25.9% for the FTSE All-Share Index. The company's share price total return for the same period was 53.7%
Edinburgh Worldwide Investment Trust plc, a fund managed by Baillie Gifford, has posted a 24.9% increase in net asset value (NAV) per share for the six months to 30 April 2021. At the same time, the companies comparative index increased by 30.3% and the share price rose by 24.5%.
Baillie Gifford's Scottish Mortgage Investment Trust has recorded its strongest ever single year return. Announcing its results for the year to 31 March 2021, Baillie Gifford said that the increase in single year return builds on the strong long term share price total returns over five and ten years
Edinburgh-based Baillie Gifford has invested £72 million ($100m) into Blockchain.com, the UK’s biggest cryptocurrency company, signalling a new stamp of approval for Bitcoin and other cryptocurrencies.
Scottish mortgage veteran James Anderson has announced that he will step down as joint manager of the £15 billion Scottish Mortgage Investment Trust and retire from Baillie Gifford. He will retire on April 30 next year.
The Scottish Government has published plans to increase the value of private investment flowing into Scotland and make the country a global centre of ethical finance. The Global Capital Investment Plan contains 30 measures to increase the availability of private capital to businesses and projects wh
Baillie Gifford's investments in Tesla have made a huge $29 billion (£21bn) for investors including pension funds and charities, according to new figures released to The Guardian.
Edinburgh-based Baillie Gifford announced yesterday that it has cut its stake in Tesla to 4.25% in an attempt to prevent its clients being over-exposed to the company.
M&G Real Estate and its property developer partner Qmile Group have secured a 280,000 sq ft pre-let with Baillie Gifford for its £350 million Haymarket Edinburgh development. Baillie Gifford has agreed to take the accommodation on a 20-year lease and will relocate to its new head office in
Edinburgh-based investment firm Baillie Gifford is to take over management of the £227 million Witan Pacific Investment Trust. Baillie Gifford has said it will focus the Trust's holdings predominantly on Chinese stocks.