Baillie Gifford US Growth Trust

Baillie Gifford US Growth Trust
Company typePublic
LSEUSA
FTSE 250 component
IndustryInvestment management
Founded2018
HeadquartersEdinburgh, Scotland, UK
Key people
Gary Robinson, Co-manager
Kirsty Gibson, Co-manager
WebsiteOfficial site

Baillie Gifford US Growth Trust (LSEUSA) is a large British investment trust dedicated to investments in United States-based companies. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[1] It is managed by Edinburgh-based investment manager Baillie Gifford[2] and the Chairman is Tom Burnet.[3]

History

The company was established in 2018.[4] The managers were authorised to have up to 50% of the portfolio invested in unlisted companies, a higher proportion than some other investment trusts.[5]

In December 2025, the US hedge fund, Saba Capital Management, blocked a proposed merger between Baillie Gifford US Growth Trust and Edinburgh Worldwide Investment Trust.[6]

References

  1. ^ "FTSE UK Index Series Quarterly Review September 2020". FTSE Russell. 2 September 2020. Retrieved 2 September 2020.
  2. ^ "Baillie Gifford To Move HQ To £350m Haymarket Block". Scottish Financial Review. 28 July 2020. Retrieved 11 April 2021.
  3. ^ "Audrey Baxter and Tom Burnet join board of BMO Private Equity Trust". Scottish Financial News. 5 June 2020. Retrieved 2 September 2020.
  4. ^ "Baillie Gifford to launch a US growth trust". Investors Chronicle. 15 February 2018.
  5. ^ "Baillie Gifford doubles down on private companies". Trust.net. 8 February 2022. Retrieved 15 January 2024.
  6. ^ "Activist investor Saba blocks Baillie Gifford trust merger". The Herald. 3 December 2025. Retrieved 3 December 2025.