The handover of Witan Pacific (WPC) to Baillie Gifford (BG) on 16 September 2020, following the board’s decision and favourable shareholders’ vote, marks the trust’s transition to the new asset manager. BG won the mandate with its proposal to transform the Asia Pacific growth and income trust into a pure China equity growth strategy. The manager considers that ‘still misunderstood and underinvested’ China (a c 2.5% allocation in 2019 global portfolios) is the key global growth market of the 21st ....
15 Oct 2020
Baillie Gifford China Growth Trust - China – we are only at the beginning
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Baillie Gifford China Growth Trust - China – we are only at the beginning
Baillie Gifford China Growth Trust Plc (BGCG:LON) | 0 0 (-0.5%) | Mkt Cap: 134.3m
- Published:
15 Oct 2020 -
Author:
Victoria Chernykh -
Pages:
15
The handover of Witan Pacific (WPC) to Baillie Gifford (BG) on 16 September 2020, following the board’s decision and favourable shareholders’ vote, marks the trust’s transition to the new asset manager. BG won the mandate with its proposal to transform the Asia Pacific growth and income trust into a pure China equity growth strategy. The manager considers that ‘still misunderstood and underinvested’ China (a c 2.5% allocation in 2019 global portfolios) is the key global growth market of the 21st ....