Quarterly investment updates
The latest Investment Updates from the Baillie Gifford strategy teams.
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Global Alpha Q3 update
Investment manager Michael Taylor reflects on recent performance, portfolio changes and market developments.
Positive Change Q3 update
Investment specialist Catherine Flockhart reflects on recent performance, portfolio changes and market developments.
China Q3 investment update
Investment manager Linda Lin reflects on recent performance, portfolio changes and market developments.
Japanese Equities Q3 update
Investment specialist Alison Henry reflects on recent performance, portfolio changes and market developments.
Discovery Q3 update
Investment specialist Bill Chater reflects on recent performance, portfolio changes and market developments.
European Equities Q3 update
Investment specialist Thomas Hodges reflects on recent performance, portfolio changes and market developments.
US Equity Growth Q3 update
Investment specialist Ben James reflects on recent performance, portfolio changes and market developments.
Long Term Global Growth Q3 update
Investment specialist Jonny Greenhill reflects on recent performance, portfolio changes and market developments.
Sustainable Growth Q3 update
Investment manager Toby Ross reflects on recent performance, portfolio changes and market developments.
Global Income Growth Q3 update
Investment manager Alistair Way reflects on recent performance, portfolio changes and market developments.
Emerging Markets Q3 update
Investment manager Ben Durrant reflects on recent performance, portfolio changes and market developments over the last quarter.
UK Core Q3 update
Investment manager James Smith reflects on recent performance, portfolio changes and market developments.
UK Alpha Q3 update
Investment manager Milena Mileva reflects on recent performance, portfolio changes and market developments.
Sustainable Growth Q2 update
Investment manager Katherine Davidson reflects on recent performance, portfolio changes and market developments.
UK Alpha Q2 update
Investment manager Milena Mileva reflects on recent performance, portfolio changes and market developments.
US Equity Growth Q2 update
Investment manager Gary Robinson reflects on recent performance, portfolio changes and market developments.
UK Core Q2 update
Investment manager Iain McCombie reflects on recent performance, portfolio changes and market developments.
US Alpha Q2 update
Investment manager Sacha Meyers reflects on recent performance, portfolio changes and market developments.
Japan Growth Q2 update
Investment manager Donald Farquharson reflects on recent performance, portfolio changes and market developments.
Long Term Global Growth Q2 update
Investment manager Mark Urquhart reflects on recent performance, portfolio changes and market developments.
Positive Change Q2 update
Investment manager Lee Qian reflects on recent performance, portfolio changes and market developments.
Global Alpha Q2 update
Investment manager Helen Xiong reflects on recent performance, portfolio changes and market developments.
Emerging Markets Q2 update
Investment manager Will Sutcliffe reflects on recent performance, portfolio changes and market developments.
Private Companies Q2 update
Investment manager Tara Sallis reflects on recent portfolio changes and market developments.
Japan All Cap Q2 update
Investment manager Jared Anderson reflects on recent performance, portfolio changes and market developments.
Discovery Q2 update
Investment manager Douglas Brodie reflects on recent performance, portfolio changes and market developments.
European Equities Q2 update
Investment manager Chris Davies reflects on recent performance, portfolio changes and market developments.
Global Income Growth Q2 update
Investment manager Ross Mathison reflects on recent performance, portfolio changes and market developments.
China Q2 investment update
Investment manager Sophie Earnshaw reflects on recent performance, portfolio changes and market developments.
US Alpha Q1 update
The US Alpha Team reflects on recent performance, portfolio changes and market developments.
US Equity Growth Q1 update
The US Equity Growth Team reflects on recent performance, portfolio changes and market developments.
Japan Growth Q1 update
The Japan Growth Team reflects on recent performance, portfolio changes and market developments.
Positive Change Q1 update
The Positive Change Team reflects on recent performance, portfolio changes and market developments.
Discovery Q1 update
The Discovery Team reflects on recent performance, portfolio changes and market developments.
Emerging Markets Q1 update
The Emerging Markets Team reflects on recent performance, portfolio changes and market developments over the last quarter.
Japan All Cap Q1 update
The Japan All Cap Team reflects on recent performance, portfolio changes and market developments.
Sustainable Growth Q1 update
The Sustainable Growth Team reflects on recent performance, portfolio changes and market developments.
UK Core Q1 update
The UK Core Team reflects on recent performance, portfolio changes and market developments.
UK Alpha Q1 update
The UK Alpha Team reflects on recent performance, portfolio changes and market developments.
European Equities Q1 update
The European Equities Team reflects on recent performance, portfolio changes and market developments.
Global Alpha Q1 update
The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
Global Income Growth Q1 update
The Global Income Growth Team reflects on recent performance, portfolio changes and market developments.
Long Term Global Growth Q1 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.
China Q1 investment update
The China Team reflects on recent performance, portfolio changes and market developments.
Long Term Global Growth Q4 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.
China Q4 update
The China Team reflects on recent performance, portfolio changes and market developments.
Emerging Markets Q4 update
The Emerging Markets Team reflects on recent performance, portfolio changes and market developments.
European Equities Q4 update
The European Equities Team reflects on recent performance, portfolio changes and market developments.
Sustainable Growth Q4 update
The Sustainable Growth Team reflects on recent performance, portfolio changes and market developments.
US Alpha Q4 update
The US Alpha Team reflects on recent performance, portfolio changes and market developments.
US Equity Growth Q4 update
The US Equity Growth Team reflects on recent performance, portfolio changes and market developments.
Global Income Growth Q4 update
The Global Income Growth Team reflects on recent performance, portfolio changes and market developments.
Japan Growth Q4 update
The Japan Growth Team reflects on recent performance, portfolio changes and market developments.
Japan All Cap Q4 update
The Japan All Cap Team reflects on recent performance, portfolio changes and market developments.
Positive Change Q4 update
The Positive Change Team reflects on recent performance, portfolio changes and market developments.
Private Companies Q4 update
The Private Companies Team reflects on recent performance, portfolio changes and market developments.
Discovery Q4 update
The Discovery Team reflects on recent performance, portfolio changes and market developments.
Global Alpha Q4 update
The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
UK Core Q4 update
The UK Core Team reflects on recent performance, portfolio changes and market developments.
Recent updates

Global Alpha Q3 update
Investment manager Michael Taylor reflects on recent performance, portfolio changes and market developments.
Positive Change Q3 update
Investment specialist Catherine Flockhart reflects on recent performance, portfolio changes and market developments.
China Q3 investment update
Investment manager Linda Lin reflects on recent performance, portfolio changes and market developments.
Japanese Equities Q3 update
Investment specialist Alison Henry reflects on recent performance, portfolio changes and market developments.
Discovery Q3 update
Investment specialist Bill Chater reflects on recent performance, portfolio changes and market developments.
European Equities Q3 update
Investment specialist Thomas Hodges reflects on recent performance, portfolio changes and market developments.
US Equity Growth Q3 update
Investment specialist Ben James reflects on recent performance, portfolio changes and market developments.
Long Term Global Growth Q3 update
Investment specialist Jonny Greenhill reflects on recent performance, portfolio changes and market developments.
Sustainable Growth Q3 update
Investment manager Toby Ross reflects on recent performance, portfolio changes and market developments.
Global Income Growth Q3 update
Investment manager Alistair Way reflects on recent performance, portfolio changes and market developments.
Emerging Markets Q3 update
Investment manager Ben Durrant reflects on recent performance, portfolio changes and market developments over the last quarter.
UK Core Q3 update
Investment manager James Smith reflects on recent performance, portfolio changes and market developments.
UK Alpha Q3 update
Investment manager Milena Mileva reflects on recent performance, portfolio changes and market developments.
Sustainable Growth Q2 update
Investment manager Katherine Davidson reflects on recent performance, portfolio changes and market developments.
UK Alpha Q2 update
Investment manager Milena Mileva reflects on recent performance, portfolio changes and market developments.
US Equity Growth Q2 update
Investment manager Gary Robinson reflects on recent performance, portfolio changes and market developments.
UK Core Q2 update
Investment manager Iain McCombie reflects on recent performance, portfolio changes and market developments.
US Alpha Q2 update
Investment manager Sacha Meyers reflects on recent performance, portfolio changes and market developments.
Japan Growth Q2 update
Investment manager Donald Farquharson reflects on recent performance, portfolio changes and market developments.
Long Term Global Growth Q2 update
Investment manager Mark Urquhart reflects on recent performance, portfolio changes and market developments.
Positive Change Q2 update
Investment manager Lee Qian reflects on recent performance, portfolio changes and market developments.
Global Alpha Q2 update
Investment manager Helen Xiong reflects on recent performance, portfolio changes and market developments.
Emerging Markets Q2 update
Investment manager Will Sutcliffe reflects on recent performance, portfolio changes and market developments.
Private Companies Q2 update
Investment manager Tara Sallis reflects on recent portfolio changes and market developments.
Japan All Cap Q2 update
Investment manager Jared Anderson reflects on recent performance, portfolio changes and market developments.
Discovery Q2 update
Investment manager Douglas Brodie reflects on recent performance, portfolio changes and market developments.
European Equities Q2 update
Investment manager Chris Davies reflects on recent performance, portfolio changes and market developments.
Global Income Growth Q2 update
Investment manager Ross Mathison reflects on recent performance, portfolio changes and market developments.
China Q2 investment update
Investment manager Sophie Earnshaw reflects on recent performance, portfolio changes and market developments.
US Alpha Q1 update
The US Alpha Team reflects on recent performance, portfolio changes and market developments.
US Equity Growth Q1 update
The US Equity Growth Team reflects on recent performance, portfolio changes and market developments.
Japan Growth Q1 update
The Japan Growth Team reflects on recent performance, portfolio changes and market developments.
Positive Change Q1 update
The Positive Change Team reflects on recent performance, portfolio changes and market developments.
Discovery Q1 update
The Discovery Team reflects on recent performance, portfolio changes and market developments.
Emerging Markets Q1 update
The Emerging Markets Team reflects on recent performance, portfolio changes and market developments over the last quarter.
Japan All Cap Q1 update
The Japan All Cap Team reflects on recent performance, portfolio changes and market developments.
Sustainable Growth Q1 update
The Sustainable Growth Team reflects on recent performance, portfolio changes and market developments.
UK Core Q1 update
The UK Core Team reflects on recent performance, portfolio changes and market developments.
UK Alpha Q1 update
The UK Alpha Team reflects on recent performance, portfolio changes and market developments.
European Equities Q1 update
The European Equities Team reflects on recent performance, portfolio changes and market developments.
Global Alpha Q1 update
The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
Global Income Growth Q1 update
The Global Income Growth Team reflects on recent performance, portfolio changes and market developments.
Long Term Global Growth Q1 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.
China Q1 investment update
The China Team reflects on recent performance, portfolio changes and market developments.
Long Term Global Growth Q4 update
The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.
China Q4 update
The China Team reflects on recent performance, portfolio changes and market developments.
Emerging Markets Q4 update
The Emerging Markets Team reflects on recent performance, portfolio changes and market developments.
European Equities Q4 update
The European Equities Team reflects on recent performance, portfolio changes and market developments.
Sustainable Growth Q4 update
The Sustainable Growth Team reflects on recent performance, portfolio changes and market developments.
US Alpha Q4 update
The US Alpha Team reflects on recent performance, portfolio changes and market developments.
US Equity Growth Q4 update
The US Equity Growth Team reflects on recent performance, portfolio changes and market developments.
Global Income Growth Q4 update
The Global Income Growth Team reflects on recent performance, portfolio changes and market developments.
Japan Growth Q4 update
The Japan Growth Team reflects on recent performance, portfolio changes and market developments.
Japan All Cap Q4 update
The Japan All Cap Team reflects on recent performance, portfolio changes and market developments.
Positive Change Q4 update
The Positive Change Team reflects on recent performance, portfolio changes and market developments.
Private Companies Q4 update
The Private Companies Team reflects on recent performance, portfolio changes and market developments.
Discovery Q4 update
The Discovery Team reflects on recent performance, portfolio changes and market developments.
Global Alpha Q4 update
The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
UK Core Q4 update
The UK Core Team reflects on recent performance, portfolio changes and market developments.
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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.
Scottish Mortgage Investment Trust PLC (the “Company”) is an alternative investment fund for the purpose of Directive 2011/61/EU (the “AIFM Directive”). Baillie Gifford & Co Limited is the alternative investment fund manager (“AIFM”) of the Company and has been authorised for marketing to Professional Investors in this jurisdiction. This website is made available by Baillie Gifford Investment Management (Europe) Limited (“BGE”), which has been engaged by the AIFM to carry out promotional activities relating to the Company. BGE is authorised by the Central Bank of Ireland as an AIFM under the AIFM Regulations and as a UCITS management company under the UCITS Regulation. BGE also has regulatory permissions to perform promotional, advisory and Individual Portfolio Management activities. BGE has passported its authorisations under the mechanisms set out in the AIFM Directive.
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