China s golden dragon could be too hot to handle - but a bargain if you re brave
thisismoney.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisismoney.co.uk Daily Mail and Mail on Sunday newspapers.
European Markets Finish With Mild Gains On Friday
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Once it was Neil Woodford, at other times it has been Terry Smith. But right now Britain’s most respected fund manager is probably James Anderson of Baillie Gifford, who jointly runs Scottish Mortgage. Anderson is due to leave Baillie Gifford next year but adventurous savers can continue to benefit from his abilities if they are willing to put money into what is in effect a Swedish investment trust.
Anderson has had a role at Stockholm-listed Kinnevik since 2014, but after his retirement from Baillie Gifford will step up to chair the company.
Kinnevik dates back to 1936 and, like some British investment trusts, came into being to manage the investments of wealthy families. Like Scottish Mortgage itself, it has evolved in the way it invests.