Baillie Gifford's James Budden: 'The star manager? Not for us'

Jayna Rana
clock • 6 min read

Baillie Gifford's James Budden talks to Jayna Rana about taking a joint approach to open and closed-ended funds and why the group has launched a campaign calling out firms it sees as 'dragging down the industry'

Edinburgh-based Baillie Gifford is unique to most of its peers in that it is wholly independent, owned by its 44 partners. It started as a law firm when it was founded in 1908 before switching its emphasis to investment, growing to the £196bn in assets under management it has today. James Budden, director of marketing and distribution, has worked for the firm for the past ten years, during which he has been tasked with broadening its retail offering and, as a result, the firm has emerged as one of the key players in this area; every one of its products has posted positive returns over th...

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