The board published a circular to shareholders today (20 November) setting out a raft of measures to set the Baillie Gifford-managed trust «on a path to renewed growth» after years of underperformance. This will include a restructuring of the team, changes to process and approach, and a reduction in the number of holdings in the portfolio to allow for more regular engagement. In a video presentation, chair Jonathan Simpson-Dent said current deputy managers Luke Ward and Svetlana Viteva will become co-managers alongside Douglas Brodie, while «improving structure, challenge and suppor...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.uk