Baillie Gifford 'still has work to do' to win over European Growth Trust investors
Oversubscribed tender offer
Baillie Gifford's Stephen Paice
Baillie Gifford still has a lot of work to do to win over investors in its European Growth Trust, according to analysts, after more than half of its shareholder base said they wanted to sell their shares.
Baillie Gifford took over the trust's management from Edinburgh Partners in November, appointing its European equities team led by Stephen Paice and Moritz Sitte as portfolio managers. As part of the...
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