Baillie Gifford partner Stuart Dunbar said investors and public companies are stuck in a “terrible vicious circle of nobody thinking long-term because they are anticipating how everybody else is going to react”.
Baillie Gifford has gotten in early on the market's best growth stocks. The firm reveals a handful of themes and single-stock picks for the future.
From high fees to short-term thinking, one British asset manager is trying to avoid the problems it says plague the industry.
What attracts us to the majority of businesses we invest in are the global growth opportunities, wherever the companies may be listed. We’re far more interested in what’s going on in the west coast of America and the east coast of China than fixating on European politics. Investors shouldn’t be so insular in their thinking — good companies will prevail.