Schiehallion discount doubles in 2023 as buybacks slow pace of new investments

Another year of NAV losses

Valeria Martinez
clock • 3 min read

Persistent sentiment against growth stocks and private company investments led to a further widening of Baillie Gifford’s Schiehallion fund's discount in 2023, as the £1.2bn trust reported another year of net asset value losses.

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