Baillie Gifford suffers highest net outflow in over ten years

£1.95bn in outflows

clock • 1 min read

Investors ditched Baillie Gifford funds in October as the investment manager experienced its highest net outflow in more than a decade, according to Morningstar data.

Investors ditched Baillie Gifford funds in October as the investment manager experienced its highest net outflow in more than a decade, according to Morningstar data. Fund holders pulled out £1.95bn from Baillie Gifford funds last month. Of the top 10 UK fund groups, only Schroders came close to similar withdrawals, as investors took £734m out. Baillie Gifford suffers worst US returns of Biden presidency while thematic ETFs thrive The Baillie Gifford Diversified Growth fund suffered most, as investors withdrew £452m in October. The Baillie Gifford Multi Asset Growth fund was al...

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