Capital at risk

UK OEIC

Global Alpha Growth Fund

Share class

Unless otherwise stated we will show you content for the fund based on your selections.

Stay up to date

Save this fund to your shortlist, or subscribe to email updates so you never miss an insight or report.

Overview

Fund objective

The Global Alpha Growth Fund aims to outperform (after deduction of costs) the MSCI ACWI Index, as stated in sterling, over rolling five-year periods. 

The manager believes this is an appropriate benchmark given the investment policy of the Fund and the approach taken by the manager when investing. In addition, the manager believes an appropriate performance comparison for this Fund is the Investment Association Global Sector.

There is no guarantee that this objective will be achieved over any time period and actual investment returns may differ from this objective, particularly over shorter time periods.

Investment proposition

The Fund invests in an actively managed portfolio of stocks from around the world with the intention of delivering significantly higher total returns than the MSCI ACWI Index. We focus on companies which we believe offer above average profit growth and we invest with a long-term (5 year) perspective. The Fund's three dedicated investment managers draw on a combination of their own investment ideas and those of our various investment teams to produce a portfolio that typically holds 70-120 stocks.

Strategy behind the fund

Global Alpha
Ambitious growth investing in exceptional companies, prioritising long-term sustainability and competitive advantages for lasting success.

The capabilities behind this strategy

Share price and charges

Share class

B, Inc

Price

504.60p

% change

-0.96%

Yield

0.1%

Ex-dividend (XD)

N

Ongoing charges*

0.59%

Initial charge

0%

Minimum investment

£100,000

Minimum top up

£1,000

Fund facts

As at: 30 April 2026

Fund launch date

8 March 2010

Fund size

£1,480.40m

The Investment Association sector

Global

Comparative Index

MSCI ACWI Index

Active share

79%**

Annual turnover

31%

Guideline number of holdings

70-120

Current number of holdings

87

Style

Growth

XD Date

31 July and 31 January

Distribution

30 September and 31 March

Pricing

Valuation point 10am daily, swinging single price

Fund settlement cycle

Trade date plus two business days (T+2)

**Relative to MSCI ACWI Index. Source: Baillie Gifford & Co, MSCI.

Meet the managers

Risk Warnings

Risk Introduction

Investment markets can go down as well as up and market conditions can change rapidly. The value of an investment in the Fund, and any income from it, can fall as well as rise and investors may not get back the amount invested. The specific risks associated with the Fund include:

Custody

Custody of assets, particularly in emerging markets, involves a risk of loss if a custodian becomes insolvent or breaches duties of care.

Emerging Markets

The Fund invests in emerging markets where difficulties in trading could arise, resulting in a negative impact on the value of your investment.

Foreign Currency

The Fund has exposure to foreign currencies and changes in the rates of exchange will cause the value of any investment, and income from it, to fall as well as rise and you may not get back the amount invested.

Volatility

The Fund's share price can be volatile due to movements in the prices of the underlying holdings and the basis on which the Fund is priced.

Further Information

Further details of the risks associated with investing in the Fund can be found in the Key Investor Information Document or the Prospectus, copies of which are available at bailliegifford.com.

Index disclaimer

Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indexes or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.

Important information

Baillie Gifford Overseas Limited is wholly owned by Baillie Gifford & Co. Baillie Gifford Overseas Limited provides investment management and advisory services to non-UK clients. Both are authorised and regulated by the Financial Conduct Authority.

The information provided does not constitute an offer of or solicitation for purchase or sale of securities or provision of any investment services. Any general enquiries regarding Baillie Gifford should be directed to the relevant individual as noted in the Contact Us section.

The information contained in this website has been compiled with considerable care to ensure its accuracy at the date of publication. However, no representation or warranty, express or implied, is made to its accuracy or completeness. Nothing in this information or elsewhere in this website shall exclude, limit or restrict our duties and liabilities to you under the United Kingdom's Financial Services and Markets Act 2000 or any conduct of business rules which we are bound to comply with.

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

Contact us

Still have a question?  Please get in touch with us.

Fund performance

Periodic performance

As at: 30 April 2026

1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
Class B-Acc
9.7%
-0.5%
-5.4%
20.9%
10.8%
2.5%
Index*
7.0%
4.7%
4.4%
29.3%
17.2%
11.6%
Sector Average**
6.7%
2.8%
2.7%
23.3%
12.2%
7.4%
Sector Ranking
77/588
480/585
510/580
337/571
305/500
375/439

Figures for 3 and 5 years are shown as the annualised rate of return. This is the average yearly return over the specified period.

Annual discrete performance

As at: 31 March 2026

31/03/2021 –
31/03/2022
31/03/2022 –
31/03/2023
31/03/2023 –
31/03/2024
31/03/2024 –
31/03/2025
31/03/2025 –
31/03/2026
Class B-Acc
-5.2%
-7.1%
19.4%
-3.5%
7.1%
Index*
12.9%
-0.9%
21.2%
5.3%
18.0%
Sector Average**
8.4%
-2.7%
16.7%
-0.3%
13.4%

Important information

Baillie Gifford Overseas Limited is wholly owned by Baillie Gifford & Co. Baillie Gifford Overseas Limited provides investment management and advisory services to non-UK clients. Both are authorised and regulated by the Financial Conduct Authority.

The information provided does not constitute an offer of or solicitation for purchase or sale of securities or provision of any investment services. Any general enquiries regarding Baillie Gifford should be directed to the relevant individual as noted in the Contact Us section.

The information contained in this website has been compiled with considerable care to ensure its accuracy at the date of publication. However, no representation or warranty, express or implied, is made to its accuracy or completeness. Nothing in this information or elsewhere in this website shall exclude, limit or restrict our duties and liabilities to you under the United Kingdom's Financial Services and Markets Act 2000 or any conduct of business rules which we are bound to comply with.

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

Contact us

Still have a question?  Please get in touch with us.

Fund portfolio holdings

The list of top 10 holdings that this fund invests in.

As at: 30 April 2026

#Holding% of total assets
1TSMC5.8%
2NVIDIA5.7%
3Alphabet4.1%
4Amazon.com3.4%
5Microsoft2.9%
6Meta Platforms2.6%
7Samsung Electronics2.3%
8Tencent2.3%
9Royalty Pharma2.1%
10Martin Marietta Materials2.1%

Sector

As at: 30 April 2026

#
Sector
Fund %
Index % *
Difference %
1
Information Technology
27.0
28.7
-1.7
2
Financials
13.7
16.4
-2.7
3
Consumer Discretionary
13.1
9.3
3.8
4
Communication Services
11.3
8.8
2.5
5
Industrials
10.4
11.3
-0.9
6
Health Care
9.0
8.1
0.9
7
Materials
5.4
3.8
1.6
8
Energy
4.3
4.2
0.2
9
Consumer Staples
3.5
5.1
-1.5
10
Real Estate
1.5
1.7
-0.2
11
Cash
0.8
0.0
0.8
Total
100.0
97.3

Top 10 geographical locations

As at: 30 April 2026

#
Top 10 locations
Fund %
Index % *
Difference %
1
United States
58.9
63.4
-4.5
2
Taiwan
6.3
2.9
3.4
3
China
5.3
2.7
2.6
4
Japan
4.7
5.0
-0.3
5
Brazil
4.6
0.6
4.0
6
Ireland
2.9
0.1
2.8
7
Canada
2.5
3.1
-0.5
8
South Korea
2.3
2.2
0.0
9
Sweden
2.1
0.8
1.4
10
UK
1.6
3.2
-1.6
Total
91.2
84.0

Region

As at: 30 April 2026

#
Region
Fund %
Index % *
Difference %
1
North America
61.4
66.5
-5.1
2
Emerging Markets
20.4
11.8
8.7
3
Europe (ex UK)
10.2
11.2
-1.0
4
Developed Asia Pacific
5.5
7.3
-1.8
5
UK
1.6
3.2
-1.6
6
Cash
0.8
0.0
0.8
Total
100.0
100.0

Quarterly transactions

Transactions for the three-month period ending 31 March 2026

New purchases

  • Chugai Pharmaceutical
  • Credicorp
  • Dino Polska
  • EOG Resources
  • Eqt Corp
  • Freeport-Mcmoran Copper
  • Midea Group 'A'
  • Philip Morris
  • Poste Italiane SPA
  • SEB Bank
  • Tencent
  • United Overseas Bank

Complete sales

  • AJ Gallagher & Co
  • ASM International NV
  • Block Inc
  • Coupang
  • Epam Systems Inc
  • Floor & Decor Holdings
  • FTAI Aviation
  • Li Auto 'H'
  • PDD Holdings Inc
  • Prosus N.V.
  • Rakuten
  • Reliance Inds. GDR
  • S&P Global Inc
  • Salesforce.com
  • The Trade Desk
  • Walt Disney

Additions

  • Adyen NV
  • B3 S.A.
  • Brunswick Corp
  • Cosmos Pharmaceutical
  • Petrobras Common ADR
  • Samsara
  • Samsung Electronics
  • Shopify 'A'

Reductions

  • Amazon.com
  • CRH
  • Elevance Health Inc
  • Microsoft

Important information

Baillie Gifford Overseas Limited is wholly owned by Baillie Gifford & Co. Baillie Gifford Overseas Limited provides investment management and advisory services to non-UK clients. Both are authorised and regulated by the Financial Conduct Authority.

The information provided does not constitute an offer of or solicitation for purchase or sale of securities or provision of any investment services. Any general enquiries regarding Baillie Gifford should be directed to the relevant individual as noted in the Contact Us section.

The information contained in this website has been compiled with considerable care to ensure its accuracy at the date of publication. However, no representation or warranty, express or implied, is made to its accuracy or completeness. Nothing in this information or elsewhere in this website shall exclude, limit or restrict our duties and liabilities to you under the United Kingdom's Financial Services and Markets Act 2000 or any conduct of business rules which we are bound to comply with.

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

Contact us

Still have a question?  Please get in touch with us.

Insights

Key articles, videos and podcasts relating to the fund:

Filters

Insights

Viewing 68 of 68
  1. The big squeeze: bottlenecks as advantage

    When demand outstrips supply, companies that sit astride the pinch point can gain an enduring edge.
    May 2026
    Podcast35 minutes
  2. Uber’s age of autonomy

    Why the taxi-tech giant is set to benefit from the shift to driverless cabs.
    April 2026
    Article8 minutes
  3. Network server with blue interconnected cables and illustrated lines expanding from it.

    AI: valuing scarcity

    AI is creating new abundance and shifting bottlenecks. We explore which businesses can win in the long term.
    April 2026
    ArticleLong read
  4. Global Alpha Q1 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    April 2026
    ArticleLong read
  5. Global Alpha Q1 update

    Investment manager Malcolm MacColl reflects on recent performance, portfolio changes and market developments.
    April 2026
    Video6 minutes
  6. alt="Side-view MRI scan of a human head, showing detailed cross-section of the brain against a navy background"

    AI is coming for your mind

    AI is reshaping human cognition. What does that mean for workers, companies and society?
    March 2026
    ArticleLong read
  7. Extreme close up of someone scrolling through content on a phone with finger poised

    Global Alpha insights: agentic commerce

    As AI simplifies shopping, where does durable ecommerce advantage remain?
    February 2026
    Article3 minutes
  8. alt="Close up of a house roof and roof window in blue sky with clouds"

    Global Alpha insights: QXO's recipe for steady compounding

    An $800bn analogue industry meets operational discipline.
    January 2026
    Article3 minutes
  9. A chef carries two different plates of food out of a kitchen.

    What's your growth flavour?

    Three investment managers. Three different approaches to growth investing. But can all of them be right?
    January 2026
    Article5 minutes
  10. Don’t burn your boats: investing in AI

    Why we’re ruthlessly selective about AI-related stocks.
    January 2026
    Article3 minutes
  11. Global Alpha Q4 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    January 2026
    ArticleLong read
  12. Global Alpha Q4 update

    Investment specialist Ben Drury reflects on recent performance, portfolio changes and market developments.
    January 2026
    Video6 minutes
  13. What’s your flavour of choice?

    Three investment managers debate growth strategies from tech disruption to steady compounders
    December 2025
    Video75 minutes
  14. Global Alpha Research Agenda 2025

    From AI to emerging consumers, we focus on the growth areas and companies capitalising on opportunities.
    November 2025
    ArticleLong read
  15. Global Alpha insights: our reliable growth engine

    Not flashy, just dependable. Why compounders remain the engine of durable long-term returns.
    November 2025
    Article3 minutes
  16. Amazon: Stock Story

    Jon Henry gives three key reasons why tech giant Amazon remains a special investment.
    November 2025
    Video4 minutes
  17. Adyen: Stock Story

    Beatrice Faleri explores Adyen, the one-platform engine for unified commerce.
    November 2025
    Video4 minutes
  18. TSMC: Stock Story

    Qian Zhang unwraps TSMC, the company powering modern life.
    November 2025
    Video3 minutes
  19. Global Alpha insights: the grid for growth

    AI’s massive electricity needs create compelling investment opportunities.
    October 2025
    Article3 minutes
  20. Global Alpha Q3 update

    Investment manager Michael Taylor reflects on recent performance, portfolio changes and market developments.
    October 2025
    Video6 minutes
  21. Global Alpha Q3 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    October 2025
    Article
  22. Global Alpha insights: the future of finance

    Coinbase is reshaping finance by uniting digital assets, stablecoins and trust.
    September 2025
    Article3 minutes
  23. Salesforce: putting AI agents to work

    Agentforce’s promise of handling customer service 24/7, faster and at a lower cost.
    September 2025
    Article
  24. Global Alpha insights: onsemi

    How the chip maker reinvented itself from ugly duckling to industry leader.
    August 2025
    Article3 minutes
  25. Global Alpha Q2 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    July 2025
    Article12 minutes
  26. Global Alpha Q2 update

    Investment manager Helen Xiong reflects on recent performance, portfolio changes and market developments.
    July 2025
    Video6 minutes
  27. Uncommon understanding

    Global Alpha’s investment managers reveal how they spot what others don’t see.
    June 2025
    Article10 minutes
  28. Global Alpha: an enduring focus in a changing world

    Explore 20 years of Global Alpha in our anthology of articles covering the past, present and future.
    June 2025
    External linkLong read
  29. Global Alpha insights: infrastructure

    Why companies like Martin Marietta are set to benefit from increased spending on infrastructure.
    May 2025
    Article4 minutes
  30. Global Alpha: introducing Michael Taylor

    Investment manager Michael Taylor joins Global Alpha as a decision-maker. We explore his background, strengths, and vision for the portfolio’s future opportunities.
    May 2025
    Video8 minutes
  31. Global Alpha insights: turbulent times

    How can we participate in long-term progress without it being undone by every policy turn?
    April 2025
    Article5 minutes
  32. Alnylam: Stock Story

    Richie Vernon explores the revolutionary drugs transforming patient lives.
    April 2025
    Video3 minutes
  33. Global Alpha Q1 update

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    April 2025
    Video9 minutes
  34. Global Alpha Q1 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    April 2025
    Article12 minutes
  35. Global Alpha insights: a time to trade?

    Explore how we're evolving the portfolio as the investment environment enters a period of rapid change.
    March 2025
    Article5 minutes
  36. Cloudflare: Stock Story

    Ben James highlights how one cybersecurity approach is redefining digital infrastructure.
    March 2025
    Video4 minutes
  37. Nexans: Stock Story

    Lucy Haddow examines the sub-sea cable manufacturer crucial for the offshore wind and energy transition.
    March 2025
    Video3 minutes
  38. Atlas Copco: Stock Story

    Ben Drury explores how a culture of innovation and decentralisation drives success in industrial technology.
    March 2025
    Video3 minutes
  39. Moutai: Stock Story

    Ben Buckler investigates the Chinese brand dominating the global luxury drinks market.
    March 2025
    Video3 minutes
  40. Illustration of delivery cyclist with oversized leg muscles and passport stamps on his clothes

    DoorDash: delivering the goods

    How DoorDash’s ambitions extend far beyond restaurant deliveries.
    March 2025
    Article7 minutes
  41. Global Alpha Insights: investing in resilience beyond political cycles

    Why the Global Alpha Team believes elections don't impact stock market returns.
    January 2025
    Article3 minutes
  42. Global Alpha Q4 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    January 2025
    Article11 minutes
  43. A shepherd dog popping his head up from a sheep flock. Disguise, uniqueness and/or lost in the crowd concept

    Global Alpha insights: Rakuten and the 'Dog Shogun'

    Richie Vernon, investment specialist, explains why the Global Alpha Team has a different perspective on Rakuten's future market growth.
    October 2024
    Article4 minutes
  44. Why growth investors can’t ignore China

    China’s electric car, battery and other advanced manufacturers are on the rise.
    October 2024
    Podcast26 minutes
  45. Global Alpha insights: unlocking the magic of Disney

    Why the Global Alpha Team believes there is a magical journey ahead for Disney.
    September 2024
    Article4 minutes
  46. Investment specialist Ben James

    Our best ideas in the US

    Ben James explains why DoorDash, The Trade Desk and CoStar stand out as growth stocks in the US.
    September 2024
    Video3 minutes
  47. Eric Beinhocker: evolutionary economist

    How successful companies harness the power of adaptation.
    September 2024
    Article7 minutes
  48. Illustrated flat lay, with a large Moutai bottle taking centre stage, larger than the other things around it. Other things include ice cream, old style jars and different types of Moutai bottles.

    Kweichow Moutai: spirit of China

    The fiery spirit that’s a profitable symbol of Chinese culture and luxury.
    September 2024
    Article7 minutes
  49. Illustration of semiconductors making up a DNA strand with products floating in background.

    Beyond NVIDIA: investing in semiconductors

    Why some of the leading computer chip makers and companies enabling them have room to grow.
    September 2024
    Article6 minutes
  50. China: the new shoots of growth

    Why advanced manufacturing and social context are key to investing in tomorrow’s Chinese giants.
    September 2024
    Article5 minutes
  51. The US building bonanza

    America’s infrastructure upgrade plan vastly exceeds its spending on rebuilding post-war Europe.
    March 2024
    Article4 minutes
  52. Global Alpha Research Agenda

    From AI to infrastructure – Global Alpha homes in on the growth areas and companies best placed to exploit opportunities.
    March 2024
    Article8 minutes
  53. Global Alpha: back to growth

    The managers tell a London Investment Forum about new sources of opportunity and optimism.
    March 2024
    Article6 minutes
  54. How Microsoft got its mojo back

    By shifting the focus from Windows and embracing AI, the firm has revitalised its fortunes.
    November 2023
    Article
  55. Global Alpha: manager update

    The managers discuss the market environment, portfolio positioning and current opportunities.
    October 2023
    Video60 minutes
  56. Global Alpha

    Investment manager, Helen Xiong, discusses Global Alpha.
    October 2023
    Video3 minutes
  57. Global Alpha Research Agenda 2023

    How can we invest in quality companies with the potential to generate sustainable returns in a changing market?
    January 2023
    Article
  58. Global Alpha 2022 Research Agenda

    In their Research Agenda for 2022, the investment managers consider the benefits of deep work in helping them find growth opportunities.
    March 2022
    Article
  59. A dream within reach

    New technologies, plummeting costs and our own changing behaviours all promise progress in the energy transition– just don’t expect it to come in a straight line.
    March 2022
    Article
  60. Growth or value: it’s not a black or white choice

    Operational performance is a better indicator of growth than inflation. Malcolm MacColl shares why.
    February 2022
    Podcast19 minutes
  61. Harnessing growth for the next decade

    Investment manager Malcolm MacColl and Senior Governance and Sustainability Analyst Kieran Murray outline believed growth drivers and the development of Global Alpha’s ESG process.
    October 2021
    Video46 minutes
  62. Highlights Video: Harnessing growth for the next decade

    Watch the highlights from the recent Global Alpha webinar: Harnessing growth for the next decade.
    October 2021
    Video13 minutes
  63. Global Alpha Paris-Aligned

    The Global Alpha Paris-Aligned portfolio offers a pathway for clients to align their assets with the objectives of the Paris Agreement. Here, we provide some background to the Paris Accords and outline how we aim to implement its objectives.
    April 2021
    Document
  64. The importance of looking forward

    This recording has been prepared for professional investors and is not for further distribution. Baillie Gifford takes no responsibility for the reliance on this recording by any other person who did not receive this recording from Baillie Gifford.
    March 2021
    Video0 minute
  65. Global Alpha research agenda

    In this year’s Research Agenda, Global Alpha’s investment managers share their thoughts on how change can help shape the portfolio.
    March 2021
    Document
  66. Global Alpha – mental models highlights

    Client director Jon Henry talks through the highlights of the recent Global Alpha webinar on ‘Mental Models’, a concept introduced earlier this year in the Global Alpha Research Agenda.
    November 2020
    Video16 minutes
  67. Global Alpha - 10 minutes with Helen Xiong

    Ben Drury, client director, talks to Helen Xiong, an investor and soon-to-be key decision-maker for the Global Alpha strategy.
    August 2020
    Video10 minutes
  68. Back to the future

    This webinar has been prepared solely for the use of professional investors outside of the Unites States and is not for further distribution. Baillie Gifford takes no responsibility for the reliance on this webinar by any other person who did not receive this webinar from Baillie Gifford.
    June 2020
    Video60 minutes

  1. The big squeeze: bottlenecks as advantage

    When demand outstrips supply, companies that sit astride the pinch point can gain an enduring edge.
    May 2026
    Podcast35 minutes
  2. Uber’s age of autonomy

    Why the taxi-tech giant is set to benefit from the shift to driverless cabs.
    April 2026
    Article8 minutes
  3. Network server with blue interconnected cables and illustrated lines expanding from it.

    AI: valuing scarcity

    AI is creating new abundance and shifting bottlenecks. We explore which businesses can win in the long term.
    April 2026
    ArticleLong read
  4. Global Alpha Q1 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    April 2026
    ArticleLong read
  5. Global Alpha Q1 update

    Investment manager Malcolm MacColl reflects on recent performance, portfolio changes and market developments.
    April 2026
    Video6 minutes
  6. alt="Side-view MRI scan of a human head, showing detailed cross-section of the brain against a navy background"

    AI is coming for your mind

    AI is reshaping human cognition. What does that mean for workers, companies and society?
    March 2026
    ArticleLong read
  7. Extreme close up of someone scrolling through content on a phone with finger poised

    Global Alpha insights: agentic commerce

    As AI simplifies shopping, where does durable ecommerce advantage remain?
    February 2026
    Article3 minutes
  8. alt="Close up of a house roof and roof window in blue sky with clouds"

    Global Alpha insights: QXO's recipe for steady compounding

    An $800bn analogue industry meets operational discipline.
    January 2026
    Article3 minutes
  9. A chef carries two different plates of food out of a kitchen.

    What's your growth flavour?

    Three investment managers. Three different approaches to growth investing. But can all of them be right?
    January 2026
    Article5 minutes
  10. Don’t burn your boats: investing in AI

    Why we’re ruthlessly selective about AI-related stocks.
    January 2026
    Article3 minutes
  11. Global Alpha Q4 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    January 2026
    ArticleLong read
  12. Global Alpha Q4 update

    Investment specialist Ben Drury reflects on recent performance, portfolio changes and market developments.
    January 2026
    Video6 minutes
  13. What’s your flavour of choice?

    Three investment managers debate growth strategies from tech disruption to steady compounders
    December 2025
    Video75 minutes
  14. Global Alpha Research Agenda 2025

    From AI to emerging consumers, we focus on the growth areas and companies capitalising on opportunities.
    November 2025
    ArticleLong read
  15. Global Alpha insights: our reliable growth engine

    Not flashy, just dependable. Why compounders remain the engine of durable long-term returns.
    November 2025
    Article3 minutes
  16. Amazon: Stock Story

    Jon Henry gives three key reasons why tech giant Amazon remains a special investment.
    November 2025
    Video4 minutes
  17. Adyen: Stock Story

    Beatrice Faleri explores Adyen, the one-platform engine for unified commerce.
    November 2025
    Video4 minutes
  18. TSMC: Stock Story

    Qian Zhang unwraps TSMC, the company powering modern life.
    November 2025
    Video3 minutes
  19. Global Alpha insights: the grid for growth

    AI’s massive electricity needs create compelling investment opportunities.
    October 2025
    Article3 minutes
  20. Global Alpha Q3 update

    Investment manager Michael Taylor reflects on recent performance, portfolio changes and market developments.
    October 2025
    Video6 minutes
  21. Global Alpha Q3 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    October 2025
    Article
  22. Global Alpha insights: the future of finance

    Coinbase is reshaping finance by uniting digital assets, stablecoins and trust.
    September 2025
    Article3 minutes
  23. Salesforce: putting AI agents to work

    Agentforce’s promise of handling customer service 24/7, faster and at a lower cost.
    September 2025
    Article
  24. Global Alpha insights: onsemi

    How the chip maker reinvented itself from ugly duckling to industry leader.
    August 2025
    Article3 minutes
  25. Global Alpha Q2 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    July 2025
    Article12 minutes
  26. Global Alpha Q2 update

    Investment manager Helen Xiong reflects on recent performance, portfolio changes and market developments.
    July 2025
    Video6 minutes
  27. Uncommon understanding

    Global Alpha’s investment managers reveal how they spot what others don’t see.
    June 2025
    Article10 minutes
  28. Global Alpha: an enduring focus in a changing world

    Explore 20 years of Global Alpha in our anthology of articles covering the past, present and future.
    June 2025
    External linkLong read
  29. Global Alpha insights: infrastructure

    Why companies like Martin Marietta are set to benefit from increased spending on infrastructure.
    May 2025
    Article4 minutes
  30. Global Alpha: introducing Michael Taylor

    Investment manager Michael Taylor joins Global Alpha as a decision-maker. We explore his background, strengths, and vision for the portfolio’s future opportunities.
    May 2025
    Video8 minutes
  31. Global Alpha insights: turbulent times

    How can we participate in long-term progress without it being undone by every policy turn?
    April 2025
    Article5 minutes
  32. Alnylam: Stock Story

    Richie Vernon explores the revolutionary drugs transforming patient lives.
    April 2025
    Video3 minutes
  33. Global Alpha Q1 update

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    April 2025
    Video9 minutes
  34. Global Alpha Q1 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    April 2025
    Article12 minutes
  35. Global Alpha insights: a time to trade?

    Explore how we're evolving the portfolio as the investment environment enters a period of rapid change.
    March 2025
    Article5 minutes
  36. Cloudflare: Stock Story

    Ben James highlights how one cybersecurity approach is redefining digital infrastructure.
    March 2025
    Video4 minutes
  37. Nexans: Stock Story

    Lucy Haddow examines the sub-sea cable manufacturer crucial for the offshore wind and energy transition.
    March 2025
    Video3 minutes
  38. Atlas Copco: Stock Story

    Ben Drury explores how a culture of innovation and decentralisation drives success in industrial technology.
    March 2025
    Video3 minutes
  39. Moutai: Stock Story

    Ben Buckler investigates the Chinese brand dominating the global luxury drinks market.
    March 2025
    Video3 minutes
  40. Illustration of delivery cyclist with oversized leg muscles and passport stamps on his clothes

    DoorDash: delivering the goods

    How DoorDash’s ambitions extend far beyond restaurant deliveries.
    March 2025
    Article7 minutes
  41. Global Alpha Insights: investing in resilience beyond political cycles

    Why the Global Alpha Team believes elections don't impact stock market returns.
    January 2025
    Article3 minutes
  42. Global Alpha Q4 investor letter

    The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
    January 2025
    Article11 minutes
  43. A shepherd dog popping his head up from a sheep flock. Disguise, uniqueness and/or lost in the crowd concept

    Global Alpha insights: Rakuten and the 'Dog Shogun'

    Richie Vernon, investment specialist, explains why the Global Alpha Team has a different perspective on Rakuten's future market growth.
    October 2024
    Article4 minutes
  44. Why growth investors can’t ignore China

    China’s electric car, battery and other advanced manufacturers are on the rise.
    October 2024
    Podcast26 minutes
  45. Global Alpha insights: unlocking the magic of Disney

    Why the Global Alpha Team believes there is a magical journey ahead for Disney.
    September 2024
    Article4 minutes
  46. Investment specialist Ben James

    Our best ideas in the US

    Ben James explains why DoorDash, The Trade Desk and CoStar stand out as growth stocks in the US.
    September 2024
    Video3 minutes
  47. Eric Beinhocker: evolutionary economist

    How successful companies harness the power of adaptation.
    September 2024
    Article7 minutes
  48. Illustrated flat lay, with a large Moutai bottle taking centre stage, larger than the other things around it. Other things include ice cream, old style jars and different types of Moutai bottles.

    Kweichow Moutai: spirit of China

    The fiery spirit that’s a profitable symbol of Chinese culture and luxury.
    September 2024
    Article7 minutes
  49. Illustration of semiconductors making up a DNA strand with products floating in background.

    Beyond NVIDIA: investing in semiconductors

    Why some of the leading computer chip makers and companies enabling them have room to grow.
    September 2024
    Article6 minutes
  50. China: the new shoots of growth

    Why advanced manufacturing and social context are key to investing in tomorrow’s Chinese giants.
    September 2024
    Article5 minutes
  51. The US building bonanza

    America’s infrastructure upgrade plan vastly exceeds its spending on rebuilding post-war Europe.
    March 2024
    Article4 minutes
  52. Global Alpha Research Agenda

    From AI to infrastructure – Global Alpha homes in on the growth areas and companies best placed to exploit opportunities.
    March 2024
    Article8 minutes
  53. Global Alpha: back to growth

    The managers tell a London Investment Forum about new sources of opportunity and optimism.
    March 2024
    Article6 minutes
  54. How Microsoft got its mojo back

    By shifting the focus from Windows and embracing AI, the firm has revitalised its fortunes.
    November 2023
    Article
  55. Global Alpha: manager update

    The managers discuss the market environment, portfolio positioning and current opportunities.
    October 2023
    Video60 minutes
  56. Global Alpha

    Investment manager, Helen Xiong, discusses Global Alpha.
    October 2023
    Video3 minutes
  57. Global Alpha Research Agenda 2023

    How can we invest in quality companies with the potential to generate sustainable returns in a changing market?
    January 2023
    Article
  58. Global Alpha 2022 Research Agenda

    In their Research Agenda for 2022, the investment managers consider the benefits of deep work in helping them find growth opportunities.
    March 2022
    Article
  59. A dream within reach

    New technologies, plummeting costs and our own changing behaviours all promise progress in the energy transition– just don’t expect it to come in a straight line.
    March 2022
    Article
  60. Growth or value: it’s not a black or white choice

    Operational performance is a better indicator of growth than inflation. Malcolm MacColl shares why.
    February 2022
    Podcast19 minutes
  61. Harnessing growth for the next decade

    Investment manager Malcolm MacColl and Senior Governance and Sustainability Analyst Kieran Murray outline believed growth drivers and the development of Global Alpha’s ESG process.
    October 2021
    Video46 minutes
  62. Highlights Video: Harnessing growth for the next decade

    Watch the highlights from the recent Global Alpha webinar: Harnessing growth for the next decade.
    October 2021
    Video13 minutes
  63. Global Alpha Paris-Aligned

    The Global Alpha Paris-Aligned portfolio offers a pathway for clients to align their assets with the objectives of the Paris Agreement. Here, we provide some background to the Paris Accords and outline how we aim to implement its objectives.
    April 2021
    Document
  64. The importance of looking forward

    This recording has been prepared for professional investors and is not for further distribution. Baillie Gifford takes no responsibility for the reliance on this recording by any other person who did not receive this recording from Baillie Gifford.
    March 2021
    Video0 minute
  65. Global Alpha research agenda

    In this year’s Research Agenda, Global Alpha’s investment managers share their thoughts on how change can help shape the portfolio.
    March 2021
    Document
  66. Global Alpha – mental models highlights

    Client director Jon Henry talks through the highlights of the recent Global Alpha webinar on ‘Mental Models’, a concept introduced earlier this year in the Global Alpha Research Agenda.
    November 2020
    Video16 minutes
  67. Global Alpha - 10 minutes with Helen Xiong

    Ben Drury, client director, talks to Helen Xiong, an investor and soon-to-be key decision-maker for the Global Alpha strategy.
    August 2020
    Video10 minutes
  68. Back to the future

    This webinar has been prepared solely for the use of professional investors outside of the Unites States and is not for further distribution. Baillie Gifford takes no responsibility for the reliance on this webinar by any other person who did not receive this webinar from Baillie Gifford.
    June 2020
    Video60 minutes

Important information

Baillie Gifford Overseas Limited is wholly owned by Baillie Gifford & Co. Baillie Gifford Overseas Limited provides investment management and advisory services to non-UK clients. Both are authorised and regulated by the Financial Conduct Authority.

The information provided does not constitute an offer of or solicitation for purchase or sale of securities or provision of any investment services. Any general enquiries regarding Baillie Gifford should be directed to the relevant individual as noted in the Contact Us section.

The information contained in this website has been compiled with considerable care to ensure its accuracy at the date of publication. However, no representation or warranty, express or implied, is made to its accuracy or completeness. Nothing in this information or elsewhere in this website shall exclude, limit or restrict our duties and liabilities to you under the United Kingdom's Financial Services and Markets Act 2000 or any conduct of business rules which we are bound to comply with.

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

Contact us

Still have a question?  Please get in touch with us.

Documents

You can access any literature about the Fund here.

To download any document you will need Adobe Reader. Please note that we can now provide you with Braille and audio transcriptions of our literature on request. It may take up to 10 days for the transcription to be completed dependent on the size of the document.

Contact us

Still have a question?  Please get in touch with us.

Important information

Baillie Gifford Overseas Limited is wholly owned by Baillie Gifford & Co. Baillie Gifford Overseas Limited provides investment management and advisory services to non-UK clients. Both are authorised and regulated by the Financial Conduct Authority.

The information provided does not constitute an offer of or solicitation for purchase or sale of securities or provision of any investment services. Any general enquiries regarding Baillie Gifford should be directed to the relevant individual as noted in the Contact Us section.

The information contained in this website has been compiled with considerable care to ensure its accuracy at the date of publication. However, no representation or warranty, express or implied, is made to its accuracy or completeness. Nothing in this information or elsewhere in this website shall exclude, limit or restrict our duties and liabilities to you under the United Kingdom's Financial Services and Markets Act 2000 or any conduct of business rules which we are bound to comply with.

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