Scottish Mortgage Investment Trust

Scottish investment giant Baillie Gifford is poised to reap a £3.5 billion return on its early bet on SpaceX, as Elon Musk's rocket company prepares for what is expected to be the largest public listing in stock market history.

Scottish Mortgage Investment Trust, valued at £15.2 billion and managed by Edinburgh-based Baillie Gifford, is seeking shareholder approval to expand its capacity to invest in private companies. The trust currently caps private company investment at 30% of total assets at the time of purchase.

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

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

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.

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'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

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.

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.