Baillie Gifford Us Growth Trust Plc

Baillie Gifford has highlighted a growing structural shift across global capital markets, noting that the world's most innovative technology companies are staying private for longer to capture the bulk of their value growth before listing. Lucie Majstrova, an investment specialist in Baillie Gifford

  Baillie Gifford's investment trusts could see their stakes in artificial intelligence (AI) company Anthropic more than double if it reaches its $2 trillion market valuation.

A proposed merger between two Edinburgh-based investment trusts managed by Baillie Gifford has been blocked by US activist investor Saba Capital, escalating a battle for control over the funds. Saba, led by hedge fund manager Boaz Weinstein, holds a 29% stake in Baillie Gifford US Growth Trust and a

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.