Capital at risk

Investment capability

Balanced and multi-asset

Investing across a range of asset classes. Whether we focus on growth or income, we seek to add value with long-term, active management.

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Why invest in balanced or multi-asset?

Our balanced portfolios invest in equities, bonds and cash, aiming to achieve long-term capital growth on your behalf. While bonds and cash can help dampen large share price moves, our balanced portfolios do not have volatility targets. 

Our multi-asset portfolios aim to give you attractive long-term returns but at a lower risk than solely investing in shares. They are diversified, including equities, fixed income and real assets with physical worth, such as real estate and infrastructure. 

How do we invest across asset classes?

Our balanced portfolios provide you access to our best regional equity and bond investment ideas, balanced by an allocation to cash. The approach is bottom-up, growth-oriented and long-term.

Our multi-asset growth portfolios reflect our views on the long-term return and risk characteristics of the different asset classes. The approach is top-down, macroeconomic and research-led.

Our multi-asset income portfolio combines asset-allocation experience and investment-selection skill to build a diversified global portfolio of our best income-generating ideas across eight asset classes.

Related investment capabilities

All our investment capabilities


Key articles, videos and podcasts relating to our multi-asset investment capabilities:

Multi Asset Q2 update

The Multi Asset Team reflects on recent performance, portfolio changes and market developments over the last quarter.

Related insights

  1. Multi Asset Q2 update

    The Multi Asset Team reflects on recent performance, portfolio changes and market developments.
    July 2024
    Video12 minutes
  2. Japan: the land of the rising yield

    How Japan's changing economy is reshaping the Multi Asset investment landscape.
    May 2024
    Article4 minutes
  3. Multi Asset investment update

    An update on performance, portfolio developments and where we see new opportunities.
    April 2024
    Video32 minutes
  4. Where are the opportunities?

    The Multi Asset Team’s forecast for growth, bonds, equities and other assets over the decade.
    March 2024
  5. Multi Asset investment update

    An update on the portfolio, market environment and outlook for the year ahead.
    January 2024
    Video30 minutes
  6. Multi Asset: Investment process evolution

    Focusing on the central pillars of our multi-asset investment process has sparked an evolution.
    November 2023
  7. From Leeds to LA

    Creating a high conviction, best ideas, global and unconstrained property portfolio.
    September 2023
    Article7 minutes
  8. Why now for multi-asset investing

    Who benefits from the new macro environment? Why multi-asset investing remains a viable option.
    June 2023
  9. Productivity’s slowdown unravelled

    Casting fresh light on why productivity growth lost steam and why it might be about to pick up.
    February 2023
  10. The robots are coming

    Robots won’t take all our jobs, but they will affect labour markets and, with them, inflation.
    January 2023
  11. The productivity surge of the 2020s

    Are the days of productivity growth over? The Multi Asset Team does not think so.
    January 2023

Important information

The content of this website is intended exclusively for professional investors in accordance with MiFID legislation. ’Professional investors’ are potential investors who are deemed to have the status of “professional clients”, within the meaning of MiFID (2004/39/EC), as transposed in Ireland. It is not intended for retail investors.

Baillie Gifford Investment Management (Europe) Limited is authorised and regulated by the Central Bank of Ireland (Reference number C182354) as an Alternative Investment Fund Manager and UCITS Manager to Baillie Gifford Worldwide Funds plc. Its registered office is 4/5 School House Lane East, Dublin 2, D02 N279, Ireland.

This website is informative only and the information provided should not be considered as investment or other advice or a recommendation to buy, sell or hold a particular investment. Read our Legal and regulatory information for further details.