The 'best asset management company around'? Why analysts back Baillie Gifford to extend UK funds industry dominance

Firm buoyant after weathering Covid-19 storm

Even a change in market leadership away from growth and tech may not be enough to derail Baillie Gifford's growing dominance of the UK funds industry, analysts have predicted, backing the £262bn AUM firm's fund managers to build on a strong run of outperformance sustained even through the Covid-19 pandemic.

Baillie Gifford's funds are the best performers in four of the 20 Investment Association sectors in which it is represented in the 12 months to 31 August 2020, FE fundinfo data show.  Its Long Term Global Growth Investment, Positive Change and Global Stewardship funds are first, second and third  in the IA Global sector in that timeframe. Over a five-year period, it is top of the performance charts for seven sectors. In the investment trust space, it is top of seven of the ten sectors in which it is represented over one year, and tops six of the seven sectors over five years. Inves...