Radar Alert: Brewis takes long term stance on US stocks to outperform sector rivals

Baillie Gifford manager attributes consistent returns to long-term growth opps

Over the last year, North America sector funds have outperformed all other IMA sectors apart from Global Emerging Markets, with the average vehicle returning 32.4% over the 12 months to 7 June. According to Morningstar, Baillie Gifford’s American fund is up 33.9% over the same period. The £127m vehicle, which has been run by Mick Brewis since its 1997 launch, is ranked 13th out of 68 vehicles over three years, up 10.1% compared to a sector increase of 1.7%. Brewis describes his investment style as a “long-term, bottom-up stockpicking approach”, and takes a three- to five-year view whe...