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
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Baillie Gifford's Stephen Paice
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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...

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