Baillie Gifford's Paice: The 'game-changers' that will drive returns for the next decade

Overhaul of Baillie Gifford European Growth Trust continues

David Brenchley
clock
Baillie Gifford's Stephen Paice
Image:

Baillie Gifford's Stephen Paice

Stephen Paice expects it may take a couple of years for the Baillie Gifford European Growth Trust to build up a 'game-changing' portion of unlisted holdings, as the fund manager continues to overhaul the portfolio.

Baillie Gifford took over the mandate from Edinburgh Partners in November 2019, with the board of the trust switching from a value bias to growth in the process. Paice said he and co-manager Moritz...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Former fund manager Neil Woodford

Link invests more into Woodford stock Mafic

Fund now sits at £124.3m

clock 30 November 2021 • 1 min read
Hugh Young will be joined by Flavia Cheong

Aberdeen Standard Asia Focus trust proposes package of reforms to make trust 'more competitive'

Amending investment policy

clock 30 November 2021 • 2 min read
Richard Staveley is expected to act as a consultant to Harwood as the trust is wound down

Gresham House Strategic board sets out two-year managed wind-down of trust after collapse of review

B share scheme ‘fairest’ way to return capital to shareholders

clock 29 November 2021 • 2 min read
Trustpilot