Baillie Gifford is one of the UK's largest and oldest investment management firms. It was founded in Edinburgh 1908 and advises in specialist equity, fixed income and multi-asset portfolios for a global client base.
It has one approach to seeking long-term returns: active investing and bottom-up portfolio construction.
Baillie Gifford is unique in that it has remained independent throughout its existence, never having a single merger or acquistion to its name.
In 2015, Baillie Gifford opened an office in Hong Kong under the subsidiary Baillie Gifford Asia.
As of 30 June 2018, has £192.bn in AUM.
Fidelity International takes top spot
Underperforming assets up to £19.1bn
Several possible remedies
Driven by poor investment performance
NAV down 40.3% in year to October
Due to falling value of listed portfolio
Concerns over private assets exposure