Baillie Gifford targets healthcare companies with new OEIC

Diagnostics firms among 35-strong portfolio

Pedro Gonçalves
clock • 1 min read

Baillie Gifford has launched a UK OEIC Health Innovation fund, with a portfolio comprised of 35 listed mid-size high-growth companies in the fields of pioneering therapies, diagnostics and digital technology.

The new OEIC will sit alongside the Dublin-registered UCITS fund which was made available to external investors in April this year, having launched on 1 October 2018. Both funds are managed by a team of three: Julia Angeles, Rose Nguyen and Marina Record, plus an advisory group of five other investment managers. Baillie Gifford reduces fees on Dow and Ross's global equity income funds Total assets under management for the Baillie Gifford Health Innovation UCITS fund are currently $113m (£83m), with an additional $206m in segregated mandates. Since inception, the UCITS fund has r...

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