Scottish Mortgage's Slater: We place an 'outsized degree of importance' on company founders to drive returns

Baillie Gifford addresses poor returns

clock • 2 min read
Tom Slater of Baillie Gifford
Image:

Tom Slater of Baillie Gifford

‘Key man risk’ is often seen as a bad thing but Tom Slater, lead manager on the Scottish Mortgage Investment Trust, said that having a central figure associated with a company was a good thing for driving returns.

Like many Baillie Gifford portfolios, the house's flagship trust invests in several names whose reputation is closely linked to its founders. The likes of Tesla and Amazon are intimately associated with...

To continue reading this article...

Join Professional Adviser

 

  • 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 Your Business

Responses will be accepted until 28 July 2022.

FCA proposes single segment regime for listed companies

Seeks feedback

James Baxter-Derrington
clock 26 May 2022 • 1 min read
Mark Scanlon, Tenet CEO.

Technology can make advice simpler, easier and more efficient - Tenet CEO

Watch the five-minute interview

Professional Adviser
clock 25 May 2022 • 1 min read
Michele Golunska, CEO of Sesame Bankhall Group.

Cost and regulatory pressures affecting advice firm owners - Sesame Bankhall chief

Watch the interview

Professional Adviser
clock 24 May 2022 • 1 min read