Value assessment forces two Baillie Gifford funds closures

UK government bond funds shut down

Lauren Mason
clock • 2 min read

Baillie Gifford has closed three of its UK government bond funds, according to its inaugural Assessment of Value (AoV) report, which found two of the products - the Baillie Gifford Active Gilt and Active Long Gilt funds - failed to consistently meet their investment objectives.

The report - which requires firms to conduct a value assessment of their funds outlining seven criteria including costs, economies of scale and performance - found that a further five of Baillie Gifford's 37 funds either provided value after action was taken or are being monitored closely. These were the Baillie Gifford British Smaller Companies, Emerging Markets Bond, Investment Grade Bond, Sterling Aggregate Bond and Sterling Aggregate Plus Bond funds. Baillie Gifford overhauled the portfolio, management team and investment process of its £174.8m  British Smaller Companies fund afte...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

China: Beyond trade tensions and tariffs

China: Beyond trade tensions and tariffs

'So what do you think about China?'

Gabriel Sacks
clock 05 December 2025 • 4 min read
As good as... Should investors rely on gold to protect portfolios during market dips?

As good as... Should investors rely on gold to protect portfolios during market dips?

'Gold is often bought more on hope than expectation'

James Flintoft
clock 04 December 2025 • 3 min read
Darius McDermott: The uncertain future of the US dollar

Darius McDermott: The uncertain future of the US dollar

'Investors need to be aware of the potential vulnerability of the dollar'

Darius McDermott
clock 03 December 2025 • 5 min read