Insights
Filters
Insights
Viewing 485 of 485
Asia ex Japan: dragons and salamanders
Beyond the index ‘dragons’, the rewards may lie in the quieter ‘salamanders’ others miss.
Conversations with private companies: Altruist
How Altruist founder Jason Wenk is broadening access to high-quality financial advice.
The room marked ‘AI’
Concentration, conviction and why emerging markets still offer more than one story.
Why American culture feels so chaotic
The American public’s tastes and habits are splintering. How will this affect US growth companies?
The adaptability advantage: a key source of mispricing
Why reinvention, not just execution, can shape the most surprising growth stories.
Human judgement in the age of AI
Robert Natzler on why AI’s most convincing answers can still be its least trustworthy.
Tokenisation in 15 minutes
Theo Golden explores how tokenisation could make digital assets easier to hold, transfer and verify, while preserving client protections.
International opportunities: creative destruction
Paulina McPadden explores how creative destruction can reshape international markets and create long-term investment opportunities.
Positive Sparks: financial resilience
Why more accessible, affordable protection products could become a major growth theme.
US Perspectives: notes from the road
From AI labs to SpaceX, the US Growth team looks for signals beyond desk research alone.
QXO: Maslow and materials
Why QXO’s transformation of an outdated building materials sector is gaining real momentum.
Private companies outlook
Why growth may offer a more promising path as buyout and venture face tougher returns.
Why true active management matters more than ever
Stuart Dunbar explains why active management matters more than ever today.
International viewpoints: China’s innovation economy
Katie Muir explains how China’s innovation economy is reshaping industries far beyond its own market.
Why Baillie Gifford for emerging markets
Qian Zhang explains Baillie Gifford’s long-term approach to investing in emerging markets.
Emerging markets companies are innovators, not imitators
Andrew Keiller tells how emerging markets innovators are rewriting the old playbook.
The big squeeze: bottlenecks as advantage
When demand outstrips supply, companies that sit astride the pinch point can gain an enduring edge.
AI agents: why 2025 rewrote the AI timeline
The step change that means AI will have a larger impact on the economy much sooner than expected.
When consensus fails
Alex Summers explains why deep research can reveal emerging markets opportunities others miss.
Developed markets lean on emerging markets
Qian Zhang shows how developed markets increasingly depend on emerging markets.
AI: valuing scarcity
AI is creating new abundance and shifting bottlenecks. We explore which businesses can win in the long term.
Emerging resilience
Andrew Keiller explains why emerging markets now rest on stronger foundations.
International Concentrated Growth Q1 investor letter
The International Concentrated Growth Team reflects on recent performance, portfolio changes and market developments.
International Alpha Q1 investor letter
The International Alpha Team reflects on recent performance, portfolio changes and market developments.
International Growth Q1 investor letter
The International Growth Team reflects on recent performance, portfolio changes and market developments.
Global Alpha Q1 investor letter
The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
US Equity Growth Q1 investor letter
The US Equity Growth Team reflects on recent performance, portfolio changes and market developments.
US Perspectives: fear, fundamentals and fortitude
Why indiscriminate market selling may be obscuring resilient company fundamentals.
Emerging markets: re-globalisation
Qian Zhang explores why a multipolar world could increasingly favour emerging markets.
Positive Change Q1 update
Investment specialist Catherine Flockhart reflects on recent performance, portfolio changes and market developments.
International Growth Q1 update
Investment specialist Katie Muir reflects on recent performance, portfolio changes and market developments.
Global Income Growth Q1 update
Investment specialist Thomas Hodges reflects on recent performance, portfolio changes and market developments.
Discovery Q1 update
Investment specialist Bill Chater reflects on recent performance, portfolio changes and market developments.
Riding the Fire Horse
Why the Positive Change portfolio is built to stay resilient when markets turn disorderly.
BeOne: going global
Why BeOne’s global ambition is starting to look more meaningful for Long Term Global Growth.US Equity Growth Q1 update
Investment specialist Philip Rae reflects on recent performance, portfolio changes and market developments.
Long Term Global Growth Q1 update
Investment specialist Jon Henry reflects on recent performance, portfolio changes and market developments.Global Alpha Q1 update
Investment manager Malcolm MacColl reflects on recent performance, portfolio changes and market developments.
International Alpha Q1 update
Investment specialist Beatrice Faleri reflects on recent performance, portfolio changes and market developments.International Concentrated Growth Q1 update
Investment specialist Paul Taylor reflects on recent performance, portfolio changes and market developments.
China Q1 investment update
Investment specialist Ben Buckler reflects on recent performance, portfolio changes and market developments.
Emerging Markets Q1 update
Investment manager Will Sutcliffe reflects on recent performance, portfolio changes and market developments over the last quarter.
Different by design
Why staying true to a patient approach can create opportunity over the long term.
Emerging markets: home to world-class companies
Andrew Keiller explains why emerging markets are producing more standout businesses
International viewpoints: a regime shift
Tia Chen explores the new opportunities emerging from a shifting market regime.
Emerging Markets Q1 investor letter
The Emerging Markets Team reflects on recent performance, portfolio changes and market developments.
Energy: oil shocks and emerging markets
The crisis in the Middle East is proving the resilience of countries like Brazil, while testing others.
Stock story: Accton Technology
Natalie Beattie explains how Accton helps enable the data centres driving AI.
International opportunities to watch
Paulina McPadden highlights international opportunities from financials to TSMC, ASML and Spotify.
Why private valuations keep rising
Peter Singlehurst discusses SpaceX and the forces driving private valuations.
Private Companies: our philosophy
Peter Singlehurst explains how Baillie Gifford invests in Private Companies.
The case for growth in uncertain times
Extraordinary events have made markets wary, but this is when conviction matters most.
US Perspectives: AI-immunity and The Acronym Fallacy
How ‘AI-immune’ businesses compound beyond market acronyms.
International Concentrated Growth: our philosophy
Lawrence Burns discusses the Baillie Gifford International Concentrated Growth Strategy.
Tomorrow’s marvels, today
Explore private growth investing, mega-cap private companies and the future of IPOs.
MakeMyTrip: cleared for takeoff
India’s travel boom, competitive resilience and AI investment set the stage for MakeMyTrip’s next chapter.
Positive Sparks: AI and energy
Uncover two companies tackling key grid bottlenecks that support both data centres and society.
AI is coming for your mind
AI is reshaping human cognition. What does that mean for workers, companies and society?
Going for growth: energy transition
Energy transition bottlenecks and accelerants: EV batteries, battery storage and extra-high-voltage cables enabling electrification at scale.
International viewpoints: biotech's next chapter
How ADCs and bispecifics are remaking antibody medicine.
Investing for growth in an AI-driven world
The International Growth Team outlines where they see long-term growth and opportunity after recent market volatility.
Global Alpha insights: agentic commerce
As AI simplifies shopping, where does durable ecommerce advantage remain?
China’s chip gap
China trails the US in AI chip hardware, but opportunities remain for patient investors.
The case for private growth investing
The integration across private and public markets makes for better access to exceptional growth companies.
Fusion, quantum and rockets: up to speed
Luke Ward predicts a decade of disruption ahead, and this time, it isn’t software.
US Perspectives: is AI eating software?
Breaking down where software value shifts when AI writes code.
Positive Conversations 2025
Discover the difference made by dialogue in Positive Change’s latest ESG and engagement report.
China’s growth leaders: inventing, not copying
From new medicines to robotics, the fast-growing Chinese companies outpacing the west in innovation.
Why the long view still counts
A timeless approach to growth investing in an era of change.
Unprompted insight: the human edge
In an AI-saturated world, face-to-face conversations with company leaders can reveal what metrics miss.
Global Alpha insights: QXO's recipe for steady compounding
An $800bn analogue industry meets operational discipline.
Exceptional companies are reaching scale in private markets
“Founders today realise they can build a better, more enduring business by staying private for longer,” says Investment Manager Peter Singlehurst, live on Bloomberg Tech.
Metals: from bellwether to bottleneck
A shortage of critical metals presents an opportunity in emerging markets.
What's your growth flavour?
Three investment managers. Three different approaches to growth investing. But can all of them be right?
AI and software: beyond the binary
Why lower software valuations may not tell the full story.
Don’t burn your boats: investing in AI
Why we’re ruthlessly selective about AI-related stocks.
Why startups stay private for longer
Bloomberg Tech interview: Peter Singlehurst on valuations and private investments
The forge of intelligence
From models to matter, investment manager John MacDougall explores the rise of physical AI.
Positive Change: our philosophy
Kate Fox and Ed Whitten discuss the Baillie Gifford Positive Change Strategy.
US Perspectives: what really matters?
A long-term view on what will drive compounding growth through fundamentals, digitisation, and AI-driven execution.
International Alpha Q4 investor letter
The International Alpha Team reflects on recent performance, portfolio changes and market developments.
International All Cap Q4 investor letter
The International All Cap Team reflects on recent performance, portfolio changes and market developments.
International Growth Q4 investor letter
The International Growth Team reflects on recent performance, portfolio changes and market developments.
Global Alpha Q4 investor letter
The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
Emerging Markets Q4 investor letter
The Emerging Markets Team reflects on recent performance, portfolio changes and market developments.
International Concentrated Growth Q4 investor letter
The International Concentrated Growth Team reflects on recent performance, portfolio changes and market developments.
Smart models, sharp founders: AI’s future
Cutting through the noise to find AI growth companies that will really matter over the next decade.
US Equity Growth Q4 investor letter
The US Equity Growth Team reflects on recent performance, portfolio changes and market developments.International Concentrated Growth Q4 update
Investment specialist Paul Taylor reflects on recent performance, portfolio changes and market developments.
China Q4 investment update
Investment manager Linda Lin reflects on recent performance, portfolio changes and market developments.
Axon: rewiring public safety
Long Term Global Growth discusses Axon’s mission-led tech and why international growth could follow.International All Cap Q4 update
Investment manager Iain Campbell reflects on recent performance, portfolio changes and market developments.
Global Alpha Q4 update
Investment specialist Ben Drury reflects on recent performance, portfolio changes and market developments.
US Equity Growth Q4 update
Investment specialist Ben James reflects on recent performance, portfolio changes and market developments.
Long Term Global Growth Q4 update
Investment specialist Carla Bannatyne reflects on recent performance, portfolio changes and market developments.Positive Change Q4 update
Investment manager Kate Fox reflects on recent performance, portfolio changes and market developments.International Alpha Q4 update
Investment specialist Beatrice Faleri reflects on recent performance, portfolio changes and market developments.International Growth Q4 update
Investment specialist Katie Muir reflects on recent performance, portfolio changes and market developments.Discovery Q4 update
Investment specialist Bill Chater reflects on recent performance, portfolio changes and market developments.
International viewpoints: from bits to atoms
Discover what rising robot density means for global manufacturing, and the tools that make automation reliable.
Crowding at the waterhole: beyond megacaps
Index crowding into megacaps can leave investors overexposed; patient teams look beyond the obvious for winners.
Positive Change: looking back at 2025
Assessing a year of AI-dominated markets and our innovation-driven portfolio.Emerging Markets Q4 update
Investment manager Mike Gush reflects on recent performance, portfolio changes and market developments over the last quarter.
EM: getting beyond the broken record
World-class companies await investors willing to look past ‘smash hit’ index heavyweights.
Yarak: culture in the age of AI
What happens to great company cultures in the age of AI, where knowledge can be compressed, and decisions are pushed toward algorithms?
The power of exceptional companies
Explore how compounding, culture and discipline shape resilient growth investing.
US Perspectives: are we in an era of commercial diplomacy?
US tariffs are reshaping trade. Explore the opportunities and political risks for leading US growth companies.
What’s your flavour of choice?
Three investment managers debate growth strategies from tech disruption to steady compounders
Some like it hot
Why the 'riskiest' growth companies may actually be your portfolio's best defence.
The world is about to get ‘weird’
Why avoiding US growth stocks is perilous: AI infrastructure, asymmetric returns and the paradigm shift.
International viewpoints: the quality derating
Why overlooked quality businesses with competitive moats compound returns through any cycle.
International Alpha: why we do what we do
Why international diversification outperforms: the investing lessons from banana monocultures and resilient portfolios that weather any market.
Korea’s Value-Up ambition
Why South Korea’s stock market has transformed from ugly duckling to world-leading.
Private growth: the underappreciated opportunity
Why the asset class offers patient investors access to exceptional companies.
Private companies: from Anthropic to Zetwerk
Why we invested in the AI lab and supply chain specialist, among other companies operating in private markets.
Global Alpha Research Agenda 2025
From AI to emerging consumers, we focus on the growth areas and companies capitalising on opportunities.
Global Alpha insights: our reliable growth engine
Not flashy, just dependable. Why compounders remain the engine of durable long-term returns.
Synthesis in risk management
Discover how Baillie Gifford balances modern risk analytics with long-term growth investing.
Amazon: Stock Story
Jon Henry gives three key reasons why tech giant Amazon remains a special investment.
Fairytales and fundamentals revisited
Jonny Greenhill on Long Term Global Growth’s patient approach to backing transformative companies.
SMC: Stock Story
Sarah Clark explores how SMC powers automation with precision pneumatics with engineering excellence.
When machines feel human
When machines speak, do we meet minds, or our own reflection?
Adyen: Stock Story
Beatrice Faleri explores Adyen, the one-platform engine for unified commerce.
Netflix: Stock Story
Ben James delves into Netflix's transformative journey from a DVD rental service to a global streaming giant.
Wise: Stock Story
Thomas Hodges highlights how Wise’s fast, low-cost money transfers enhance global payments.
Silicon Valley and beyond: innovation at source
Innovation thrives in the US’s tech and biotech clusters, where science and entrepreneurship meet.
US Perspectives: are we in an AI bubble?
Real growth or market mania — how can we tell the difference?
TSMC: Stock Story
Qian Zhang unwraps TSMC, the company powering modern life.
Tencent: Stock Story
Fernanda Lai explores how Tencent became the super-app pioneer connecting over one billion users.
Emerging markets, from imitators to innovators
From driverless taxis to digital banking, emerging markets are leading a new wave of innovation that’s reshaping industries worldwide.
Any other business: your Disruption Week 2025 questions answered
Baillie Gifford's strategy specialists address your remaining queries from Disruption Week 2025.
Private companies shaping the modern world
Private innovators are reshaping how we code, build and connect – long before they reach public markets.
Discovering Europe’s winners
Amid uncertainty, Europe’s most dynamic companies are proving that innovation can flourish where few expect it.
Going for growth: health innovation
Explore how the fusion of biology, genomics and technology is driving a new era of health innovation and life-changing scientific advances.
LTGG Reflections: Duolingo
Why Duolingo is a beneficiary of AI, not a victim – and why for the long-term investor, patience is a virtue.
International viewpoints: bubble or boom, trouble is brewing
Is AI in a bubble or a boom? Explore how market concentration, leverage, and global strategies shape the next phase of artificial intelligence.
Why we are backing Anthropic
Our investment thesis for the AI frontrunner.
Positive Sparks: rare diseases
Discover the companies transforming global health with rare disease innovations.
From Pac-Man to AI agents
How Tencent is evolving beyond gaming.
Global Alpha insights: the grid for growth
AI’s massive electricity needs create compelling investment opportunities.
Navigating the $14tn private market
Peter Singlehurst, Robert Natzler and Brian Kelly explore the exciting opportunities within the private market.
Fragmenting systems, cultural change
US culture is becoming chaotic, wreaking havoc for many but creating opportunities for certain types of businesses.
Japan small caps: obsession meets opportunity
From AI-augmented weather forecasts to helping people with disabilities get hired, meet Japan’s growth companies.
BYD’s right to win
The electric carmaker’s drive to follow success in China with global expansion.
The age of resilience
Why companies must be built to survive before they can thrive.
New kids on the blockchain
Investing in the 'picks and shovels' of the crypto boom.
Salesforce: putting AI agents to work
Agentforce’s promise of handling customer service 24/7, faster and at a lower cost.
Shanghai, Shenzen, Beijing
Exploring innovation in China.
Unknown quantities
Prof Diane Coyle explains why you can’t measure progress with yesterday’s tools.
Bridging the gap between private and public
We explore how our private and public teams collaborate to identify exceptional growth companies.
International Alpha Q3 investor letter
The International Alpha Team reflects on recent performance, portfolio changes and market developments.
LTGG Reflections: Cloudflare
How Cloudflare evolved from internet security to AI gatekeeper, controlling content access and reshaping digital economics.
US Perspectives: AI breaks the internet
AI shifts search to instant answers. Explore pay-per-crawl, provenance and guardrails reshaping the internet.
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.
Discovery Q3 update
Investment specialist Bill Chater reflects on recent performance, portfolio changes and market developments.
International Concentrated Growth Q3 investor letter
The International Concentrated Growth Team reflects on recent performance, portfolio changes and market developments.
Emerging Markets: are you missing the point?
Why underweighting EM is an active risk, not a cautious stance.
International viewpoints: the Asian century
The Asian century is now a structural reality. Explore manufacturing dominance, innovation in chips/EVs/ecommerce, key companies, and risks.
Going for growth: the Asian century
Asia is the world’s growth engine again. Learn how AIA, MakeMyTrip and L’Oréal are capturing the Asian century.
US Equity Growth Q3 update
Investment specialist Ben James reflects on recent performance, portfolio changes and market developments.
International All Cap Q3 update
Investment manager Iain Campbell 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.
International Alpha Q3 update
Investment manager Jenny Davis reflects on recent performance, portfolio changes and market developments.
International Growth Q3 update
Investment specialist Katie Muir reflects on recent performance, portfolio changes and market developments.
International Concentrated Growth Q3 update
Investment specialist Paul Taylor 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.
Fairytales and fundamentals
Finding investment clarity when markets speak nonsense and valuations tell curious tales.
Pioneering Positive Change
In changed times, can bold investing in breakthrough innovation shape a brighter, more sustainable world?
International All Cap Q3 investor letter
The International All Cap Team reflects on recent performance, portfolio changes and market developments.
International Growth Q3 investor letter
The International Growth Team reflects on recent performance, portfolio changes and market developments.
Global Alpha Q3 investor letter
The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
US Equity Growth Q3 investor letter
The US Equity Growth Team reflects on recent performance, portfolio changes and market developments.
Emerging Markets Q3 investor letter
The Emerging Markets Team reflects on recent performance, portfolio changes and market developments.
Global Alpha insights: the future of finance
Coinbase is reshaping finance by uniting digital assets, stablecoins and trust.
Our best international ideas
Andrew Brown travels the globe through Sweden’s MIPS, Kazakhstan’s Kaspi.kz and Japan’s Keyence.
Our best ideas in China
Ben Buckler highlights Meituan (autonomous delivery), Midea (smart homes) and CATL (EV batteries).
Our best private growth ideas
Rachael Callaghan introduces us to growth-focused private companies BillionToOne, Stripe and Vinted.
Beyond the benchmark: why being different pays off
Our chief executive on the importance of long-termism, optimism and conviction – and what comes next.
US Perspectives: things are getting weird, quickly
An oar in one hand, a global studio in the other – that’s today’s frontier. What if the weirdness is the signal, and the opportunity?
The power of exceptional companies
Lawrence Burns and Paul Taylor reveal how they identify exceptional companies that drive market returns.
Going for growth: industrial pioneers
How Atlas Copco and Keyence build competitive advantage through organisational structure and founder influence.
LTGG Reflections: Netflix
Lessons in disruption, adaptability and the conviction required to invest in outliers.
International viewpoints: the case for global supply chain champions
Learn about companies like ASML, TSMC, Adyen and SAP and their irreplaceable positions in enabling digital innovation.
Three ways we think about AI in Emerging Markets
Why hardware producers, platforms and quiet compounders give our portfolios exposure to AI.
Pushing rocks uphill: the case for European equities
Is this the turning point European investors have been waiting for?
Global Alpha insights: onsemi
How the chip maker reinvented itself from ugly duckling to industry leader.
Cultural architects
How great founders shape exceptional companies in changing times.
Skin in the game: the power of persistence
Why ‘inside ownership’ makes companies more likely to focus on efforts that will pay off in the future.
Healthcare: fear and opportunity
Fear dominates healthcare stocks, but patient investors see opportunity unfolding in the next wave of innovation.
LTGG Reflections: Rocket Lab
From a New Zealand shed to challenging SpaceX: why Rocket Lab's remarkable journey captivates LTGG.
Going for growth: unique brands
Discover what sets unique brands apart, and why demand keeps growing.
Nibblers and gobblers: the art of acquisitive growth
Companies like Constellation Software and DSV have defied the odds to create substantial shareholder value through disciplined acquisition strategies.
Altruist: rebuilding infrastructure for investment advisors
How a private company is reshaping the $86tn advisory market.
Positive Sparks: financial inclusion
Explore how digital innovation is revolutionising financial access for the world's unbanked.
International viewpoints: enduring value – investing in brands built to last
Can businesses that blend heritage, stewardship and steady reinvention outperform their flashier, short-term-focused rivals?
The ‘invisible’ millions: banking’s new frontier
From microloans for farmers to insurance for gig workers – high-impact financial firms with great growth potential.
US Perspectives: stablecoin summer
Discover how stablecoins, boosted by new US legislation, could transform global finance and unlock long-term growth.
International Growth Q2 investor letter
The International Growth Team reflects on recent performance, portfolio changes and market developments.
International Alpha Q2 investor letter
The International Alpha Team reflects on recent performance, portfolio changes and market developments.
International viewpoints: digital disruptors
MercadoLibre and Sea Ltd are examples of underappreciated digital disruptors driving global growth.
Emerging Markets Q2 investor letter
The Emerging Markets Team reflects on recent performance, portfolio changes and market developments.
Positive Change Q2 investor letter
The Positive Change Team reflects on recent performance, portfolio changes and market developments.
Brittle botany
How LTGG cultivates resilience in a fractious world.
US Equity Growth Q2 investor letter
The US Equity Growth Team 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.
US Alpha Q2 update
Investment manager Sacha Meyers reflects on recent performance, portfolio changes and market developments.
Global Alpha Q2 investor letter
The Global Alpha Team 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.
International All Cap Q2 investor letter
The International All Cap Team reflects on recent performance, portfolio changes and market developments.
International Concentrated Growth Q2 investor letter
The International Concentrated Growth Team 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.
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.
LTGG Reflections: Listening beats forecasting
Why we value curiosity over certainty: recent lessons from the road
Positive Change Impact Report 2024
What difference did companies make in the real world during 2024? Our breakdown of progress on global challenges.
Uncommon understanding
Global Alpha’s investment managers reveal how they spot what others don’t see.
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.
US Perspectives: infrastructure, the invisible opportunity
A look at the long-term shifts in US infrastructure and the businesses poised to benefit from its rebuild.
Emerging markets: the next engines of global growth
From lithium mining to a do-it-all super-app, companies capitalising on transformational trends.
LTGG Reflections: materiality
Why focusing on long-term business fundamentals, not headlines, drives LTGG's investment success.
Beyond the familiar: the case for international
Discover how venturing into unexplored investment territory is yielding hidden gems.
A new age of discovery: the case for international
Explore how international equities offer unique opportunities in transformative markets.
Global Alpha insights: infrastructure
Why companies like Martin Marietta are set to benefit from increased spending on infrastructure.
Actual investing revisited
In this keynote paper Partner Stuart Dunbar reaffirms the importance of active management to healthy capitalism.
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.
Going for growth: digital platforms
Digital platforms are reshaping industries and economies by exploiting market gaps and leveraging network effects.
US Perspectives: comfortable in discomfort
Explore how embracing uncertainty and discomfort can lead to exceptional investment opportunities and long-term success.
International viewpoints: the end of the road for range anxiety
Explore how electric vehicle innovations are ending range anxiety with faster charging and longer battery life.
LTGG Reflections: Know where your towel is
Why investors should avoid the temptation to throw in the towel during market turmoil.
Global Alpha insights: turbulent times
How can we participate in long-term progress without it being undone by every policy turn?
Positive Sparks: fast fashion
Shifting consumer attitudes are driving innovative solutions to make fashion more sustainable.
UK growth: opportunities amid tariff turbulence
How adaptable firms in growth-driving sectors can prosper over the long term despite trade restrictions.
The case for private growth equity
How companies like Stripe, Databricks and SpaceX are shaking up growth trends typically dominated by public markets.
Alnylam: Stock Story
Richie Vernon explores the revolutionary drugs transforming patient lives.
Joby Aviation readies for take-off
How a flying taxi firm could launch a transport revolution.
Nubank: Latin America’s digital disrupter
Charting the app-based lenders’ long-term growth.
DoorDash: delivering the goods
How DoorDash’s ambitions extend far beyond restaurant deliveries.
How DSV became global freight’s top dog
Conquering trade logistics one merger at a time.
Adversity is opportunity
Finding diverse companies that share a great growth culture.
Trip notes: Kazakhstan
Sizing up super-app Kaspi.kz in Almaty.
Emerging markets in 2050
Trade shifts and underserved populations are among the factors favouring world-class stocks.
US Perspectives: the retail ecosystem
Explore the evolution of retail, where cutting-edge technology and shifting consumer trends drive innovation.
International viewpoints: US vs international debate
Signs are pointing to a shift from US to international markets. When has this happened before, and what’s ahead?
With the benefit of foresight
Investors must navigate uncertainty to create long-term value in a rapidly changing world.
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.
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.
Global Alpha Q1 update
The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
US Equity Growth Q1 investor letter
The US Equity Growth Team reflects on recent performance, portfolio changes and market developments.
Positive Change Q1 investor letter
The Positive Change Team reflects on recent performance, portfolio changes and market developments.International Alpha Q1 investor letter
The International Alpha Team reflects on recent performance, portfolio changes and market developments.International All Cap Q1 investor letter
The International All Cap Team reflects on recent performance, portfolio changes and market developments.
International Concentrated Growth Q1 investor letter
The International Concentrated Growth Team reflects on recent performance, portfolio changes and market developments.
Global Alpha Q1 investor letter
The Global Alpha Team reflects on recent performance, portfolio changes and market developments.Emerging Markets Q1 investor letter
The Emerging Markets 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.
Global Alpha insights: a time to trade?
Explore how we're evolving the portfolio as the investment environment enters a period of rapid change.
Cloudflare: Stock Story
Ben James highlights how one cybersecurity approach is redefining digital infrastructure.
Nexans: Stock Story
Lucy Haddow examines the sub-sea cable manufacturer crucial for the offshore wind and energy transition.
Atlas Copco: Stock Story
Ben Drury explores how a culture of innovation and decentralisation drives success in industrial technology.
ASML: Stock Story
Paul Taylor explores the cutting-edge semiconductor technology advancing the digital revolution.
L'Oréal: Stock Story
Katie Muir discusses how innovation and a positive culture have fuelled the success of the world’s leading beauty enterprise.
Moutai: Stock Story
Ben Buckler investigates the Chinese brand dominating the global luxury drinks market.
Future Focus forum: 2025 summary
From emerging markets to growth-stage private companies, read the summary of the 2025 Future Focus forum.
Europe: unique brands, hidden champions
Why a long-term approach to the continent’s growth stocks is more relevant than ever.
Why ants, scaffolding and long jumps matter to growth investors
Kirsty Gibson shares frameworks to analyse the cultures of exceptional growth businesses.
Going for growth: Digital infrastructure
Discover the transformative power of the chip revolution, led by industry giants TSMC and Advantest, in reshaping our world.
US perspectives: AI evolves again
Explore how the rapid market shift in AI and computer processing is transforming industries.
Positive Change: a review of 2024
A detailed overview of 2024 covering performance, portfolio and investment approach.
The power of external perspectives
Baillie Gifford's International Concentrated Growth strategy leverages research from external thought leaders to identify transformative growth opportunities.
International viewpoints: Shifting tides toward international markets
The US stock market has outperformed international markets in recent years, but signs suggest a change in this trend.
International Growth: Exceptional growth companies
The investment team discuss their approach to identifying exceptional companies and the importance of holding them patiently amongst global uncertainties.
Private growth: Looking over the overlooked
Learn more about the key features and attributes of the growth equity asset class.
Positive Conversations 2024
Discover the difference made by dialogue in Positive Change’s latest ESG and engagement report.
Discovery: our philosophy
Investment manager, Douglas Brodie, discusses the Baillie Gifford Discovery Strategies.
A long-term manifesto, revisited
Why exceptional growth companies must be brave enough to ignore short-term market pressures.
Quantum, space, fusion: the big three
How PsiQuantum, SpaceX and SHINE Technologies seek to shape the future and deliver growth.
AI revolution: behind the 'overnight' success
AI is revolutionising industries globally. Stewart Hogg explores how AI is reshaping companies and driving long-term growth.
Positive Sparks: diabetes
Discover how groundbreaking diabetes solutions are driving global positive change.
Global Alpha Insights: investing in resilience beyond political cycles
Why the Global Alpha Team believes elections don't impact stock market returns.
The G of ESG: governance reimagined
Why we don’t follow the crowd when assessing a company’s governance behaviours and structures.
5 inevitable and investable long-term growth drivers
Ways the world will change, from smarter robots to medical breakthroughs achieved at speed.
The concentration conundrum: challenge or opportunity?
In today’s era of US mega caps, is market concentration a challenge or an opportunity?
International viewpoints: Europe's tech tailwinds
The European technology sector excels in niche markets, creating growth opportunities in global value chains.
Finding sanity in the circus
An LTGG insight into what really matters for long term growth investing at the current juncture.
Volatility in LTGG: a feature not a bug
Why volatility is crucial to LTGG's strategy of capturing outsized returns.
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.
US Equity Growth Q4 investor letter
The US Equity Growth Team reflects on recent performance, portfolio changes and market developments.
Positive Change Q4 investor letter
The Positive Change Team reflects on recent performance, portfolio changes and market developments.
International Alpha Q4 investor letter
The International Alpha Team reflects on recent performance, portfolio changes and market developments.
International All Cap Q4 investor letter
The International All Cap Team reflects on recent performance, portfolio changes and market developments.
International Growth Q4 investor letter
The International Growth Team reflects on recent performance, portfolio changes and market developments.
International Concentrated Growth Q4 investor letter
The International Concentrated Growth Team reflects on recent performance, portfolio changes and market developments.
Global Alpha Q4 investor letter
The Global Alpha Team reflects on recent performance, portfolio changes and market developments.
Emerging Markets Q4 investor letter
The Emerging Markets Team reflects on recent performance, portfolio changes and market developments.
Upfront: US equities
Gary Robinson on what a Trump presidency and AI opportunities could mean for growth investors.
Heeding nature: what’s at stake?
How we seek to understand the implications of a changing world for the companies we back.
Stock story: Ecolab
Learn how Ecolab is helping customers around the world be better stewards of water.
International viewpoints: demographic crisis
Meet the problem-solvers already active in healthcare, retirement funding and workforce productivity.
Investing in an ageing society
Increasingly elderly populations could transform our lives as much as climate change or AI.
Emerging markets: new opportunities
Why increased resilience and strong growth prospects merit a closer look.
Private investments: unlocking growth
The three Rs – relationship, reputation and research – are key to private company investing.
Any other business: Disruption Week questions 2024
Baillie Gifford's strategy specialists address your remaining queries from Disruption Week 2024.
The great US infrastructure rebuild
Finding gold amid the grit of the US drive to repair its essential networks.
Growth investing: hunting the outliers
It’s not about growth or value. It’s about the few companies that drive stock market returns.
International viewpoints: power players
Companies rising to new energy challenges in diverse ways, and the economies driving demand.
Why not just invest in the index?
Partner Stuart Dunbar explores why as an active manager Baillie Gifford can add value beyond investing in an index over the long term.
Small cap strife: big opportunities
Exploring the transformative potential of small-cap companies such as DexCom, Tesla and Axon.
Semiconductor chips: the global tech battle
Companies and countries are vying for influence on the technology powering computation.
Saving when sending abroad: a Wise move
With international payments a profitable afterthought for the banks, it’s been left to a newcomer to build the best way of moving money around the world.
Do elections matter for stock returns?
What the past tells us about a new US president’s impact on growth companies.
Why growth investors can’t ignore China
China’s electric car, battery and other advanced manufacturers are on the rise.
Luxury brands show promise amid slump
How brands like Hermès, Gucci and Ferrari defy downturns with heritage and innovation.
Global Alpha insights: unlocking the magic of Disney
Why the Global Alpha Team believes there is a magical journey ahead for Disney.
Our best ideas in Japan
Thomas Patchett unwraps Softbank, Rakuten and Eisai, three companies driving new opportunities in Japan.
Our best ideas in the US
Ben James explains why DoorDash, The Trade Desk and CoStar stand out as growth stocks in the US.
Our best ideas in Asia
Qian Zhang covers Samsung, Delhivery and Bank Rakyat, three companies at the heart of global structural trends.
Our best ideas in Europe
Thomas Hodges uses Lonza, Topicus and Soitec to illustrate why Europe is more exciting than headlines suggest.
Our best disruptive ideas
Bill Chater spotlights three companies making world-changing breakthroughs: Alnylam, Axon and SpaceX.
Future Stocks: Our best impact ideas
Rosie Rankin explains why Nubank, Xylem and Grab can both improve lives and offer investment returns.
The importance of focus
Why focus and patience are crucial elements when investing and identifying growth companies.
Kweichow Moutai: spirit of China
The fiery spirit that’s a profitable symbol of Chinese culture and luxury.
Why technical leaders have an advantage
How the leaders of Meta, Shopify, Roblox and Spotify’s expertise helps them put AI to use.
Trip Notes: Seoul and Mumbai
Lawrence Burns sees great growth firms in action in South Korea and India.
Beyond NVIDIA: investing in semiconductors
Why some of the leading computer chip makers and companies enabling them have room to grow.
Beyond Silicon Valley
The US’s new hotbeds of innovation are increasingly based outside California.
China: the new shoots of growth
Why advanced manufacturing and social context are key to investing in tomorrow’s Chinese giants.
MercadoLibre: Latin America’s unbanked
MercadoLibre offers hope to Latin America’s 178 million unbanked population.
The rise of cloud computing
From data lakes to Databricks, cloud storage will be key to driving progress and future innovation.
Wise: Growing global money transfers
Charting rising cross-border money payments and the opportunity for remittance service Wise.
Japanese changemakers shaping the future
The firms taking advantage of four transformational opportunities.
Starlink: internet for mobile dead zones
Low-orbit satellites could be the answer for the three billion unable to access the internet.
International viewpoints: semi-cap resilience
Why our long-term conviction in ASML, Tokyo Electron and TSMC stands up to recent sector volatility.
Extraordinary times and opportunities
James Budden explains why now is the time for growth, as markets weather exceptional volatility
The rate cut conundrum: Multi Asset’s LTRE
Insights on economic growth, inflation trends, and investment opportunities in bonds, equities, and more for the next decade.
Environment: making sense of the E in ESG
How companies’ relationships with climate, energy and the environment relate to long-term growth.
Academic collaborations that count
The experts helping us gain an investment edge when thinking about farming, human rights and AI.
International Growth: our philosophy
Investment manager Tom Coutts introduces International Growth, reflecting on the exciting opportunities ahead.
Lessons from a time traveller
A journey through time uncovers the deep transitions that can reshape our world.
AI: driving a new healthcare paradigm
Why AI could be key to us living longer and being in better health in the future.
Streamlined for success
How efficiency drives at Meta, Shopify and Block could fuel their long-term growth.
International viewpoints: global EV trends
Analysing market dynamics, industry challenges and future trends of EVs’ global adoption.
Stock story: PsiQuantum
How one company is finally bringing the boundless possibilities of quantum computing into reach of the wider market.
International viewpoints: eastern promise
What market sentiment, recent valuations and policy changes mean for us as investors in Asian growth companies.
Private equities: time to turn to growth
Why high interest rates help rapid growth private companies with proven products stand apart.
Japan: the next opportunity
Explore Japan's market evolution, digitalization, and investment opportunities in unique growth themes.
Why small companies matter to us
Unlocking the potential of small cap investments.
Emerging Markets: our philosophy
Investment manager William Sutcliffe introduces Emerging Markets, reflecting on the exciting opportunities ahead.
China through a Japanese lens
Japanese tech dominance is under increasing pressure in China from domestic challengers.
Stock story: MercadoLibre
The company on a mission to democratise ecommerce and finance for 650 million people.
Upfront: Japanese equities
Praveen Kumar shares the latest on growth equities in Japan and why now is the time for small cap investors to be bold.
Webinar: Why growth? Why now?
Partners Tim Garratt and Stuart Dunbar identify signs of emerging growth.
Algorithmic alchemy: investing with optimism in AI
How artificial intelligence creates growth opportunities and ways for us to serve you better.
30 years of emerging markets
Baillie Gifford’s Will Sutcliffe explains how emerging markets have evolved in the last three decades.
High-calibre emerging markets firms
Why it’s a promising time to invest in exceptional emerging markets companies
Tilting the odds in your favour
The Magnificent Seven’s reputation goes before them but that’s not enough to save them.
Five years of health innovation
Investors take note: technology and innovation are revolutionising treatments and patient care.
Private companies and the Power Law
Author Sebastian Mallaby on the attraction of investing in game-changing firms at an early stage.
AI: intelligence everywhere
Why AI could be the printing press of intelligence.
Remitly: easy global remittance
The mobile app that busts stress and high charges for workers sending money back home.
Starlink’s Space-based broadband
How the SpaceX subsidiary is turning internet deserts into online oases
The founder factor
Tom Slater on the secret sauce shared by founder-led companies.
Climeworks: digging deeper for climate solutions
A small holding with a long-term climate goal.
Where are the opportunities?
The Multi Asset Team’s forecast for growth, bonds, equities and other assets over the decade.
Upfront: Asia’s emerging markets
Roderick Snell on investing in Asia – from a strengthening dollar to the semiconductor value chain.
Positive Conversations 2023
The Positive Change Team’s ESG and engagement report shows the difference talking can make.
Stock story: Pinduoduo
The innovative ecommerce company poised to take advantage of China’s large consumer base.
All aboard the growth train
Why do we prefer growth stocks despite the lure of shorter-term assets?
Positive Change: a review of 2023
A performance update explaining why we back firms solving social and economic issues such as Moderna and MercadoLibre.
Moderna: designing drugs on a computer
Can scientists meet unmet health needs by writing code to help the body heal itself?
The AI paradigm shift
Being open-minded to what rapid changes brought on by AI could mean for growth stocks.
Niches, anomalies, and things to come
How can we spot large growth opportunities at the stage when others dismiss them as fads?
Lessons from evolutionary biology
Why the study of gene fitness can help us spot ambitious growth companies with huge potential.
Enduring good
What values are important to you? And are they reflected in your investments?
The 3 traits of great growth stocks
Why real-world problem solving, financial discipline and adaptability are critical to growth.
Making sense of social
Considering the S in ESG ranges from supply chain analysis to cybersecurity precautions.
How Amazon pioneered a new path
The new wave of companies blending physical and digital processes together.
Avoided emissions methodology
Climate and Environment Analyst Matt Jones considers the potential of emissions avoidance and disruptive innovation.
HelloFresh: changing how people eat forever
HelloFresh’s CEO explains the art and science of meal kit delivery at a global scale.
China: fear or FOMO?
Ben Buckler on how investors should steer between the twin poles of risk in China.
Why growth, why now?
Tough times play to the partnership’s strengths: analysing what enables us to adapt and thrive amid rapid change.
Small caps: Beyond the myths
Opportunities remain in small-cap investing, regardless of interest rates or market volatility.
China revisited
Lawrence Burns explores the new landscape of opportunity.
Innovation’s drumbeat
Charting how technological progress and prosperity march together.
Aurora: the technology company transforming trucking
The US’s $800bn trucking industry is on track for a shake up with Aurora’s self-driving technology.
Emerging markets – why bother?
Emerging markets have underperformed developed ones recently. So, why should we invest in them?
When software meets steel
The ‘next wave’ of companies, mixing the digital and physical realms.
Nuclear comeback
Could smaller reactors and fusion power herald a new atomic age?
AI: a long-term perspective
Why investors must put the rise of ChatGPT and other generative AI in context.
Climate change: imagining the future
The years ahead are uncertain, but we can turn that to our advantage.
Adding value from climate change
Companies addressing climate change could create huge societal and economic value over time.
Legally bond: finding underestimated resilience
By keeping an open mind, we hope to find opportunities other credit investors might overlook.
How Microsoft got its mojo back
By shifting the focus from Windows and embracing AI, the firm has revitalised its fortunes.
The hidden costs of software
A decade ago, software companies were venture-backed and capital-light. That’s no longer true.
How Alnylam nips disease in the bud
The US-based company’s technology promises to ‘silence’ genetic disorders and target some of the world’s biggest killers.
Climate futures: preparing for uncertainty
How can we avoid a hothouse world? Head of Climate Change Caroline Cook discusses with experts.
Nuclear fusion: SHINE lights the way
The cancer-fighting firm that aims to lead a clean energy revolution.
ESG: beyond the growing pains
Why considering environmental, social and governance factors helps us pursue long-term returns.
Finding China’s A-share jewels
The country’s domestic markets are rich in companies with the know-how to become global leaders.
Three climate change scenarios
Considering different ways global warming and a transition to new energy sources might occur.
Disruption Week 2023
Glimpse a universe of opportunity at Baillie Gifford’s Disruption Week in November 2023.
What is private company investing?
Discover what private company investing is, and why our decades of institutional knowledge of exceptional growth companies gives us an advantage.
Stock story: Kering
Find out what makes luxury fashion conglomerate Kering stand out from the competition.
What does Moderna do?
Learn how the Boston-based life science company is disrupting the drug development industry.
Change as a growth driver
We live in changing times. And that will create opportunities for long-term growth investors.
Growth investing across decades
Mark Urquhart discusses the science and art of picking growth stocks with enduring potential.
Adapting to survive – and thrive
Using a fighter pilot’s business strategy can help a company orient itself amid change.
Near-term headwinds, long-term optimism
Investors provide an update on International All Cap performance and portfolio activity.
Stock stories: Climeworks
Climeworks, the company using innovative technology to capture and store CO2 underground safely, measurably and permanently.
Eating better to save ourselves
Tim Spector and Henry Dimbleby on what our diet says about our health and the health of the planet.
What does Northvolt do?
Learn how the Swedish battery company Northvolt is driving change in the EV industry
Making health insurance manageable
How Elevance Health uses its scale to smooth a path through the US health system’s maze.
Moderna’s new challenge
The mRNA technology behind the Covid vaccine is being directed against other diseases.
Climate change innovators
How Positive Change targets companies at the forefront of tackling carbon emissions.
China A Shares: in conversation
Investor Sophie Earnshaw explains how we navigate China’s complexity to boost growth potential.
Indonesia powers a green transition
The island nation’s natural wealth makes it crucial to a low-carbon future.
The changing face of growth
By investing in companies at the frontiers of structural shifts we can pursue fantastic returns.
Navigating for growth
International All Cap investors on why they’re encouraged by how the portfolio has been faring.
From Y to Z: Japan’s online powerhouse
How Yahoo! Japan and Z Holdings' conquest of the country’s internet realm unfolded.
Adyen: pioneer of payments
The Dutch firm making everyday payments fast and friction-free.
The sustainability revolution
Positive Change’s Kate Fox on thinking about the world in 2050 to spot opportunities today.
Recursion Pharmaceuticals: finding new drugs using data science
How Recursion Pharmaceuticals is using AI to turn the hunt for new medicines on its head.
Rethinking renewables
Research suggesting faster-than-expected adoption has far-reaching consequences for investors.
Climeworks: fighting global warming
Climeworks helps us remove CO₂. We invest in it because we think it can combat climate change.
Ocado’s robot revolution
The UK firm partnering with leading grocers to deploy its automated warehouses worldwide.
AI Superpowers
Renowned investor Kai-Fu Lee revisits his prophetic book, five years on.
Positive Conversations 2022
We don’t just talk to managements, we listen. A snapshot of Positive Change’s ESG conversations.
Denali Therapeutics: rising to the challenge of brain disease
Developing brain disease drugs is hard, but this company’s early results suggest it can succeed.
Four questions for growth investors
Investors must find companies with the key qualities needed to thrive in a stormy economy.
Positive Conversations 2022
Responsible business practices are fundamental to delivering sustainable long-term growth and addressing global challenges.
Why small is big in Japan
Praveen Kumar on the lesser-known players thriving in the shadow of the country’s big brands.
LTGG investor update – January 2023
LTGG’s Stewart Hogg and Gemma Barkhuizen on volatility, business culture, and the long-term view.
Nothing lasts forever
Why international equity markets shouldn’t be forgotten.
Teleportation: just a Zipline away
Zipline delivers instantly, whether that’s blood in Rwanda or rotisserie chicken from Walmart.
MercadoLibre: a lesson in innovation
Investment manager Lawrence Burns talks to MercadoLibre’s CFO Pedro Arnt.
Making sense of the metaverse
Author Matthew Ball on the next-generation internet and the companies building its foundations.
Japan: setbacks or permanent change?
Our investors’ job is to tell the difference between passing phases and deeper behavioural shifts.
Facts, ideas and resilience
Investment specialists discuss idea generation, stocks and portfolio resilience for International All Cap.
Beauty secrets: sharing Shiseido’s story
Masahiko Uotani, CEO of the Japanese cosmetics giant, discusses its profitable makeover with Iain Campbell.
Global Alpha Research Agenda 2023
How can we invest in quality companies with the potential to generate sustainable returns in a changing market?
What’s next for growth stocks?
Baillie Gifford’s Dave Bujnowski explores the new engines powering progress.
Asia and energy transition
Exploring the emerging energy opportunities in Asia.
AI: Frightening or fascinating?
Investors discuss how AI software could transform healthcare, advertising, manufacturing and more.
ASML: advancing chips to new limits
The Dutch firm driving progress by making it possible to create more intricate computer chips.
Chip War
How semiconductors bring a competitive world together.
Disrupting heart disease
Rose Nguyen on the companies seeking to overcome the scourge of heart disease.
Rethinking where growth comes from
Partner Dave Bujnowski offers a radical new perspective on the disruptive ‘engines’ powering today’s growth.
Why are Swedish companies world leaders?
Sweden tops the charts for original thinking, from family businesses to founder-run companies.
Why patience matters
Endurance and imagination are key ingredients for quality growth investing.
Investing in decarbonisation
Spotting companies with potential in the renewables, energy storage and carbon reduction sectors.
China’s leapfrog shopping apps
Smartphone-centric retailers drive innovation.
Study guides
Academic partnerships that generate new ideas
International Concentrated Growth: manager introductions
Radical companies may seem risky, but they’re building the future. Paulina McPadden, Spencer Adair and Lawrence Burns discuss how investing in firms with extraordinary potential is a simple approach to long-term wealth creation.
How education escaped from the classroom
Online courses have upended the economics of education, Thaiha Nguyen explains.
Why private companies matter more
SpaceX, Epic Games and Stripe: the list of the unlisted continues to grow. How can investors benefit?
Actual ESG
Investing in great growth companies to make a big difference.
A private companies approach to ESG
The special considerations at play when we invest in high-growth, late-stage unlisted firms.
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.
Tomorrow’s world, here today
Investing in private companies applying today’s early-stage tech to create tomorrow’s world.
Breaking the biotech model
Could the messenger RNA vaccines deployed against Covid, help fight cancer and other diseases? After a year of crisis, Julia Angeles, co-manager of Baillie Gifford’s Health Innovation Fund, looks at the positive signs.
Looking back going forward
The LTGG Team look back on an extraordinary 12 months and discuss the growth prospects of the portfolio, the rapid development of vaccines and the importance of hold discipline.
What I've learned In four decades of investing
His career spanned big changes in investment – and in the fortunes of Baillie Gifford. Charles Plowden, joint senior partner and manager of Monks Investment Trust, looks at the opportunities ahead.
The great divergence between east and west
China has defied recession in 2020, but where to now? Investment manager Roderick Snell anticipates big things ahead.
Living longer: can we afford it
More of us are living longer, staying healthier for longer and working for longer. What are the implications for investing and financing this longer life? Listen to Baillie Gifford’s Steven Hay to find out.
What’s the purpose of investing
In our Short Briefings on Long Term Thinking podcast, Baillie Gifford partner Stuart Dunbar backs a return to the basics of investment.
Why this crisis favours growth stocks
Growth stocks have generally fared better than value stocks during the coronavirus pandemic, helping Scottish Mortgage Investment Trust during the worst of the stock market falls. In our podcast series, Short Briefings on Long Term Thinking Baillie Gifford partner Tom Slater explains why.
Navigating a stock market crisis
Scott Nisbet tells Malcolm Borthwick what he’s learnt from previous crises, why he’s staying calm and why now’s the time to read Albert Camus.
The Second Space Age
Fifty years after Apollo 11, can a fresh wave of innovation in space technology open new frontiers and promising investment opportunities? Investment manager, Luke Ward looks across the gulf of space and gives us his views.
Reasons to be optimistic about emerging markets
Investing in emerging markets is like Marmite. It divides opinion. Charles Plowden explains why he’s a fan in Baillie Gifford’s podcast Short Briefings on Long Term Thinking.
The beauty of Japanese cosmetics
Investment manager, Praveen Kumar explains why the Japanese cosmetics industry is in a period of rapid growth and how it could be set to continue for the long term.
Learning from Academia
Our support of inquisitive people plays a crucial role in our investment research. Discover more in our academia anthology.
Finding Europe's hidden champions
There are lots of reasons not to invest in Europe. Its economic growth is uninspiring and much of its stock index is made up of bureaucratic corporate dinosaurs. But beyond the negative headlines, there are still exciting investment opportunities to be found. They include potential tenbaggers – companies whose share price could increase ten-fold.
Space: the final investment frontier
Fifty years on from the first moon landing, entrepreneurs on the west coast of America are stepping up spending on space. To discuss how this new space race might impact investment, Malcolm Borthwick is joined by Luke Ward – space enthusiast and deputy manager of Edinburgh Worldwide Investment Trust and the Global Discovery Fund.
Will industrial biotech be the next manufacturing revolution
Industrial biotech companies can already produce synthetic spider silk and plant-based burgers that taste like meat. Future possibilities include timber produced from yeast. In the latest episode of Short Briefings on Long Term Thinking, Kirsty Gibson tells Malcolm Borthwick why she's fascinated by the opportunities of industrial biotech and its enormous investment potential.
Fashion retailers: the impact of online shopping
In the fourth episode of Short Briefings on Long Term Thinking, Malcolm Borthwick is joined by Milena Mileva to discuss how profound changes in consumer behaviour are changing the retail landscape both online and in bricks-and-mortar stores.
The differences between bond and equity investing
In the third episode of Short Briefings on Long Term Thinking, Malcolm Borthwick is joined by Lucy Isles, joint manager of Baillie Gifford's High Yield Bond Fund. Listen to the podcast to find out the three key deciding factors when choosing resilient high yield bonds and how engagement with companies can differ for bond and equity investors.
Should income investors go global
What are “the good, the bad and the unbelievably great” of global investing? In the second episode of Short Briefings on Long Term Thinking, Malcolm Borthwick is joined by James Dow to challenge the conventional wisdom that if you’re investing for a regular income you should stick with blue chip UK companies.
Why China?
Investment Manager Roddy Snell, in conversation with Malcolm Borthwick, goes behind some recent lurid headlines to find out what's really happening with the Chinese economy.
LTGG presents
Transformations
Go behind the scenes of more than two decades of Long Term Global Growth (LTGG) thinking. This digital series brings our thinking to life, showing how the team has identified, debated and learned from transformational shifts to find those rare companies with the potential to shape the decade ahead.
Quarterly investment updates
Keep up to date with the latest views of our investment teams in these recent webinars.
Recent insights
Asia ex Japan: dragons and salamanders
Beyond the index ‘dragons’, the rewards may lie in the quieter ‘salamanders’ others miss.Conversations with private companies: Altruist
How Altruist founder Jason Wenk is broadening access to high-quality financial advice.The room marked ‘AI’
Concentration, conviction and why emerging markets still offer more than one story.Why American culture feels so chaotic
The American public’s tastes and habits are splintering. How will this affect US growth companies?The adaptability advantage: a key source of mispricing
Why reinvention, not just execution, can shape the most surprising growth stories.Human judgement in the age of AI
Robert Natzler on why AI’s most convincing answers can still be its least trustworthy.Tokenisation in 15 minutes
Theo Golden explores how tokenisation could make digital assets easier to hold, transfer and verify, while preserving client protections.International opportunities: creative destruction
Paulina McPadden explores how creative destruction can reshape international markets and create long-term investment opportunities.Positive Sparks: financial resilience
Why more accessible, affordable protection products could become a major growth theme.US Perspectives: notes from the road
From AI labs to SpaceX, the US Growth team looks for signals beyond desk research alone.QXO: Maslow and materials
Why QXO’s transformation of an outdated building materials sector is gaining real momentum.Private companies outlook
Why growth may offer a more promising path as buyout and venture face tougher returns.Why true active management matters more than ever
Stuart Dunbar explains why active management matters more than ever today.International viewpoints: China’s innovation economy
Katie Muir explains how China’s innovation economy is reshaping industries far beyond its own market.Why Baillie Gifford for emerging markets
Qian Zhang explains Baillie Gifford’s long-term approach to investing in emerging markets.