Baillie Gifford

Baillie Gifford US Growth Trust shareholders have narrowly rejected a New York hedge fund’s attempt to seize control for a third time.

Baillie Gifford US Growth Trust chair Tom Burnet has written to the Secretary of State for Scotland Douglas Alexander and Economic Secretary Lucy Rigby urging the Government to help protect the UK investment trust industry from activist hedge funds. Burnet has been calling on retail investors to vot

The Financial Conduct Authority (FCA) has admitted it has to be "careful" over proposed changes to the listing rules following the recent campaigns by US activist investor Saba Capital Management. The regulator said it was looking into reforms to help manage conflicts of interest involving activist

Saba Capital has sold its entire 5% stake in Baillie Gifford UK Growth. The New York headquartered hedge fund disclosed its position last March but did not increase its position until its exit last Wednesday. UK Growth delivered a 26.5% share price total return from when Saba disclosed its stake las

Boaz Weinstein has claimed Saba Capital Management has invested more than £2bn in as many as 50 London-listed companies, and that his actions have produced more than £600m for all shareholders, including pensioners and retail investors, in companies where he forced change. Weinstein has

The Financial Conduct Authority's head of innovation Colin Payne has revealed how they helped Baillie Gifford launch their new digital asset fund in nine months. The Edinburgh-based investment manager worked with the regulator on the development of a tokenised UK fund, Baillie Giffords Enhanced Yiel

New York hedge fund Sessa Capital has increased its stake in Baillie Gifford US Growth to 7.7% ahead of the trust's pivotal leadership vote later this month. Sessa is believed to have teamed up with activist investor Saba Capital Management, which is making its third attempt to replace the board wit

Baillie Gifford has launched its new Baillie Gifford Enhanced Yield Fund (BAGEY) to eligible professional investors in Switzerland, the UK, Hong Kong and the Cayman Islands. The new fund is designed for financial institutions, fintechs, and regulatory bodies driving the adoption of tokenisation

A legal expert has warned the Financial Conduct Authority's (FCA) plans to update rules to stop companies using loopholes in regulation to take over investment trusts will fail to stop shareholders repeatedly requisitioning meetings. The warning comes as Baillie Gifford US Growth Trust prepares to f

Baillie Gifford's Schiehallion Fund saw its shares move from a small premium to a steep discount to net asset value (NAV) in the six months to July 2026. Shares at the investment trust, which backs later-stage private growth companies, traded at a discount of 14.4% at the period end, reversing a 0.4

Scottish Mortgage Investment Trust manager Tom Slater has revealed that founders of the "brilliant" companies that they back raised concerns over a "shortage of humans". Mr Slater made the comments at the trust's digital conference, responding to questions from shareholders and investors about what

Baillie Gifford has concluded its voluntary exit programme, which will see around 160 jobs cut across its UK business. The move was part of a plan to position itself for the future. The asset manager launched the voluntary exit programme in July, following its move to its new Edinburgh office in Hay

Baillie Gifford's Pacific Horizon Investment Trust  has exceeded the MSCI All Country Asia ex Japan Index benchmark with a share price total return of 63.3% for the year to July 31,2026. The trust which  manages assets of £955.56m reported a net asset value (NAV) per share total retu

Baillie Gifford has partnered with Essentia Analytics to develop, a new offering called Essentia Data-Out (EDO), which will deliver Essentia's "behavioral intelligence directly into an asset manager’s own data and AI environment.” The investment manager is a founding partner in Essentia'

The chair of Baillie Gifford US Growth Trust has called on retail investors to turn out in force to vote at next month's annual general meeting, warning that a low turnout could see Saba Capital Management take control of the trust. Tom Burnet told Scottish Financial News that retail investors are t