Baillie Gifford trust ventures into unquoted companies
US Growth trust can hold up to 50% in unlisted securities
US Growth trust can hold up to 50% in unlisted securities
Mark Carney cast doubt on a May rate rise, UK GDP grew at its most sluggish pace in over five years, US treasuries hit 3% and Russia faced US sanctions. So which funds had the toughest time navigating April? Our sister publication Portfolio Adviser examines performance figures from FE.
The board of the Schroder UK Growth fund is dumping Schroders as its manager and replacing it with Baillie Gifford, citing continuous underperformance since inception as the reason behind the decision.
“The world has gone mad” Baillie Gifford’s Charles Plowden has said, comparing the boom in exchange-traded funds (ETFs) to the hysteria that led to the global financial crisis.
Japanese equity fund managers are backing small and mid cap companies in the tech space as well as ‘online disrupters’ ahead of the snap election to be held in October.
Neil Woodford’s flagship Equity Income fund has been removed from FE’s approved list amid concerns over its “illiquid” investments and replaced by his recently launched Income Focus fund.
Hits on the AIC website have soared in recent months, but which investment trusts have been peaking investor interest so far this year?
BlackRock has hired former chancellor George Osborne for a part-time role. Pimco has named a head of Asia Pacific and head of US global wealth management, while Manulife Asset Management has appointed a chief executive for Thailand.
After 10 years with the business, the chief executive of Axa Global Asset Management has announced she is stepping down. James Hambro & Partners has made three senior staff members partners of the business, with Fidelity International handing five multi-asset open range funds to a new portfolio manager.
Baillie Gifford’s North America head says investors have persistently underestimated the strength of the US economy and continue to do so
Vanguard has launched four UK-domiciled actively managed funds.
Edinburgh-headquartered firm, Baillie Gifford, has established a sterling hedged share class for its Worldwide Japanese Fund to counteract fluctuations in the price of the yen versus sterling.