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
Baillie Gifford
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
Tricapital Angels has appointed former joint senior partner and chief investment officer at Baillie Gifford Richard Burns to its board as a non-executive director. The Melrose-based investment syndicate also revealed that investor and ocean technology entrepreneur Mogens Mathieson is taking on an ex
Saba Capital has stepped up its attack to take over Baillie Gifford US Growth Trust after calling for a full cash exit for shareholders at or near net asset value. The activist investor demanded board changes this morning at the Edinburgh-based trust, which has received a requisition notice from its
Saba Capital has returned to target another Scottish trustNew York hedge fund Saba Capital has demanded board changes at Baillie Gifford US Growth Trust. The Edinburgh-based trust received a requisition notice from Saba Capital Management which wants shareholders to back the appointment of three dir
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
The Association of Investment Companies (AIC) has called on the Financial Conduct Authority (FCA) to reform its listing rules "exposed" by activist investor Saba Capital. The AIC proposed that when a substantial shareholder seeks to take control of the management contract of an investment trust, thi
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.
Baillie Gifford concluded that all 30 of its funds delivered value for investors in the year to 31 March 2026, despite several funds suffering from a "sustained period of weak returns". The Edinburgh-based asset manager pointed to broader market trends in two areas in its latest Assessment of Value
Baillie Gifford UK Growth Trust is testing the patience of shareholders, admits the chairman, after poor stock selection led to a sharp fall in second half performance. After outperforming in the first half, its returns were poor in the second six months and its net asset value total return of 15.6%
Global investment manager Baillie Gifford has launched the first public fully native UK tokenised fund. The manager has launched the Baillie Gifford Enhanced Yield Fund (BAGEY) with BNY (NYSE: BNY), a global financial services company, delivering the first publicly available fully native UK-re
