It represents the core approach with which the Stern family has managed the largest proportion of its financial assets for the past 60 years, following Maurice Stern's proven investment principles of investing for the long-term based on proprietary r
As a result of his passing, Flynn’s co-managers on both funds - Thomas P. O’Reilly, Russ Covode, Daniel Doyle and Joseph Lind - will continue to manage the funds.
The fund, which was previously managed by Janus Henderson, with Bill Gross as fund manager until February this year
More than 21,000 Baillie Gifford investors who hold £1.3 billion in the firm’s investment trusts, such as flagship Scottish Mortgage (SMT), will move to the Bristol-based broker.
“Private equity funds are performing well and attracting new investors and the boom seems to show no sign of ending,” comments Ramón van Heusden, Head of Client Services, TMF Group, Luxembourg.