Business · Markets · 6 hrs ago

Fight over Baillie Gifford US Growth fund draws wider concern

Fight over Baillie Gifford US Growth fund draws wider concern

A fight is underway over control of the Baillie Gifford US Growth fund.

The fund is an investment trust.

The dispute is described as bigger than the future of that one trust.

The commentary frames it as a challenge involving a US hedge fund raider.

It argues that Britain should block the move.

The information available does not explain who is involved or how the contest will be decided.

No next steps are given.

Sources

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