Fund manager Douglas Brodie is head of a 'global discovery team' at investment house Baillie Gifford that seeks out companies transforming the way business is done in the industries they operate in. Such 'pioneers', argues Brodie, can prove to be outstanding long-term investments.
The discovery team – currently seven-strong – has been together for more than a decade and the investment strategy has so far reaped huge investor rewards.
The two funds it is responsible for – Baillie Gifford Global Discovery and Edinburgh Worldwide – have both built strong investment records and Brodie believes there is no reason why they cannot continue, irrespective of any market hiccups that lie in wait.