Baillie Gifford European trust eyes more unlisted exposure as firm reaches £5.6bn in private investment

Moving to 20% of assets

clock • 1 min read
The trust is trading on a 2.8% discount, according to the Association of Investment Companies.
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The trust is trading on a 2.8% discount, according to the Association of Investment Companies.

The £631m Baillie Gifford European Growth trust is the latest trust to eye more unlisted exposure, proposing an increase from 10% of its portfolio to 20% at this year’s Annual General Meeting.

The trust contains three unlisted companies comprising 4.5% of the total assets at the end of September 2021, up from 0.9% in 2020, according to results released today (24 November). These are Swedish...

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