Baillie Gifford US Growth: Investor patience ‘will wear thin’ over underperformance August 22, 2024 The £643m Baillie Gifford US Growth trust is at risk of investor patience wearing thin over its failure to keep up with the strength of US markets, analysts have warned. In the trust’s annual result, it revealed that its underlying assets grew by only 16.2 per cent throughout the year, compared to a 24.8 per [...]
The Capitalist: Why has Baillie Gifford’s support for Edinburgh Fringe not bothered Nish Kumar? August 15, 2024 Edinburgh Fringe's Baillie Gifford backing goes unnoticed, the OWO battles PR woes and HSBC turns queasy: catch up on the latest City gossip in this week's edition of The Capitalist.
FTSE 100 funds bled £2bn in June, but who is losing out? July 22, 2024 UK large cap funds, which invest in FTSE 100 companies, saw investors pull over £2bn from them during June, as losses began to concentrate in a select few asset managers.
Baillie Gifford-run trust ditches £20m Rio Tinto stake over ESG concerns July 3, 2024 An investment trust run by Scottish asset manager Baillie Gifford has ditched its £20m stake in Rio Tinto, calling out the mining giant for inadequate ESG practices.
Baillie Gifford was just the first: Climate protests are coming for asset managers June 29, 2024 The saga of Baillie Gifford has finally petered out, but the fight between City asset managers and climate protesters is only just beginning.
Naomi Klein: Thin-skinned Baillie Gifford has put arts festivals in jeopardy June 19, 2024 Bestselling writer Naomi Klein has called Baillie Gifford “thin-skinned” for putting literary festivals in jeopardy, as she defended her decision to support Fossil Free Books’ campaign against the investment manager.
Naomi Klein: Even after Doppelganger, I’m still being mixed up with Naomi Wolf June 19, 2024 Having just won the Women's Prize, Naomi Klein sits down with City A.M. to talk Doppelganger, Twitter, and still being mistaken for Naomi Wolf.
Inside the collapse of Baillie Gifford’s literary sponsorships June 5, 2024 Baillie Gifford has been met with boycotts due to its investments in fossil fuels and firms operating in Israel, leading to the end of its sponsorship of Edinburgh Book Festival.
Why Scottish Mortgage trust is selling Nvidia June 5, 2024 Scottish Mortgage, the second largest investment trust in the UK, has warned that though the future for AI is bright, companies like Nvidia might not carry on bringing in the record gains that they have managed over recent months. While Scottish Mortgage is on board with the vision of an AI future, deputy manager Lawrence [...]
Baillie Gifford is the latest target of the ‘omnicause’ June 5, 2024 Pressuring book festivals to divest from Baillie Gifford over its tenuous links to climate change and war in the Middle East is characteristic of the woolly thinking underpinning protest culture, says James Price We are all now, sadly, used to nonsense campus trivialities migrating from universities and into the office and even the streets. What [...]