Insights

A detailed overview of 2024 covering performance, portfolio and investment approach.

Baillie Gifford's International Concentrated Growth strategy leverages research from external thought leaders to identify transformative growth opportunities.

The US stock market has outperformed international markets in recent years, but signs suggest a change in this trend.

The investment team discuss their approach to identifying exceptional companies and the importance of holding them patiently amongst global uncertainties.

Learn more about the key features and attributes of the growth equity asset class.

Discover the difference made by dialogue in Positive Change’s latest ESG and engagement report.

Investment manager, Douglas Brodie, discusses the Baillie Gifford Discovery Strategies.

Why exceptional growth companies must be brave enough to ignore short-term market pressures.

How PsiQuantum, SpaceX and SHINE Technologies seek to shape the future and deliver growth.

AI is revolutionising industries globally. Stewart Hogg explores how AI is reshaping companies and driving long-term growth.

Discover how innovative diabetes solutions are driving global positive change.

Why the Global Alpha Team believes elections don't impact stock market returns.

Why we don’t follow the crowd when assessing a company’s governance behaviours and structures.

Ways the world will change, from smarter robots to medical breakthroughs achieved at speed.

In today’s era of US mega caps, is market concentration a challenge or an opportunity?

The European technology sector excels in niche markets, creating growth opportunities in global value chains.

An LTGG insight into what really matters for long term growth investing at the current juncture.

Why volatility is crucial to LTGG's strategy of capturing outsized returns.

The China Team reflects on recent performance, portfolio changes and market developments.

The Emerging Markets Team reflects on recent performance, portfolio changes and market developments.

The US Alpha Team reflects on recent performance, portfolio changes and market developments.

The US Equity Growth Team reflects on recent performance, portfolio changes and market developments.

The Private Companies Team reflects on recent performance, portfolio changes and market developments.

The Discovery Team reflects on recent performance, portfolio changes and market developments.

The Global Alpha Team reflects on recent performance, portfolio changes and market developments.

The International Smaller Companies Team reflects on recent performance, portfolio changes and market developments.

The US Equity Growth Team reflects on recent performance, portfolio changes and market developments.

The Positive Change Team reflects on recent performance, portfolio changes and market developments.

The International Alpha Team reflects on recent performance, portfolio changes and market developments.

The International All Cap Team reflects on recent performance, portfolio changes and market developments.

The International Growth Team reflects on recent performance, portfolio changes and market developments.

The International Concentrated Growth Team reflects on recent performance, portfolio changes and market developments.

The Global Alpha Team reflects on recent performance, portfolio changes and market developments.

The Emerging Markets Team reflects on recent performance, portfolio changes and market developments.

Gary Robinson on what a Trump presidency and AI opportunities could mean for growth investors.

How we seek to understand the implications of a changing world for the companies we back.

Learn how Ecolab is helping customers around the world be better stewards of water.

Meet the problem-solvers already active in healthcare, retirement funding and workforce productivity.

Increasingly elderly populations could transform our lives as much as climate change or AI.

Why increased resilience and strong growth prospects merit a closer look.

The three Rs – relationship, reputation and research – are key to private company investing.

Baillie Gifford's strategy specialists address your remaining queries from Disruption Week 2024.

Finding gold amid the grit of the US drive to repair its essential networks.

It’s not about growth or value. It’s about the few companies that drive stock market returns.

Companies rising to new energy challenges in diverse ways, and the economies driving demand.

Partner Stuart Dunbar explores why as an active manager Baillie Gifford can add value beyond investing in an index over the long term.

Exploring the transformative potential of small-cap companies such as DexCom, Tesla and Axon.

Companies and countries are vying for influence on the technology powering computation.

With international payments a profitable afterthought for the banks, it’s been left to a newcomer to build the best way of moving money around the world.

The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments

The US Equity Growth Team reflects on recent performance, portfolio changes and market developments

The Positive Change Team reflects on recent performance, portfolio changes and market developments

The International Alpha Team reflects on recent performance, portfolio changes and market developments

The International All Cap Team reflects on recent performance, portfolio changes and market developments

The International Growth Team reflects on recent performance, portfolio changes and market developments

The International Concentrated Growth Team reflects on recent performance, portfolio changes and market developments

The Global Alpha Team reflects on recent performance, portfolio changes and market developments

The Emerging Markets Team reflects on recent performance, portfolio changes and market developments

What the past tells us about a new US president’s impact on growth companies.

China’s electric car, battery and other advanced manufacturers are on the rise.

The China Team reflects on recent performance, portfolio changes and market developments.

The Discovery Team reflects on recent performance, portfolio changes and market developments.

The International Smaller Companies Team reflects on recent performance, portfolio changes and market developments.

The US Equity Growth Team reflects on recent performance, portfolio changes and market developments.

The US Alpha Team reflects on recent performance, portfolio changes and market developments.

The Global Alpha Team reflects on recent performance, portfolio changes and market developments.

How brands like Hermès, Gucci and Ferrari defy downturns with heritage and innovation.

Thomas Patchett uncovers three companies driving new opportunities in Japan.

Ben James explains why DoorDash, The Trade Desk and CoStar stand out as growth stocks.

Qian Zhang highlights three Asian companies at the forefront of global structural trends.

Thomas Hodges uncovers three of Europe’s hidden growth champions: Lonza, Topicus and Soitec.

Bill Chater spotlights three companies set to make world-changing breakthroughs.

Rosie Rankin explains why Nubank, Xylem and Grab can both improve lives and offer investment returns.

Why focus and patience are crucial elements when investing and identifying growth companies.

The fiery spirit that’s a profitable symbol of Chinese culture and luxury.

How the leaders of Meta, Shopify, Roblox and Spotify’s expertise helps them put AI to use.

Lawrence Burns sees great growth firms in action in South Korea and India.

Why some of the leading computer chip makers and companies enabling them have room to grow.

The US’s new hotbeds of innovation are increasingly based outside California.

Why advanced manufacturing and social context are key to investing in tomorrow’s Chinese giants.

MercadoLibre offers hope to Latin America’s 178 million unbanked population.

From data lakes to Databricks, cloud storage will be key to driving progress and future innovation.

Charting rising cross-border money payments and the opportunity for remittance service Wise.

The firms taking advantage of four transformational opportunities.

Low-orbit satellites could be the answer for the three billion unable to access the internet.

Why our long-term conviction in ASML, Tokyo Electron and TSMC stands up to recent sector volatility.

James Budden explains why now is the time for growth, as markets weather exceptional volatility

Insights on economic growth, inflation trends, and investment opportunities in bonds, equities, and more for the next decade.

How companies’ relationships with climate, energy and the environment relate to long-term growth.

The experts helping us gain an investment edge when thinking about farming, human rights and AI.

Investment manager Tom Coutts introduces International Growth, reflecting on the exciting opportunities ahead.

A journey through time uncovers the deep transitions that can reshape our world.

The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.

The Positive Change Team reflects on recent performance, portfolio changes and market developments.

The Emerging Markets Team reflects on recent performance, portfolio changes and market developments.

The Global Alpha Team reflects on recent performance, portfolio changes and market developments.

The US Equity Growth Team reflects on recent performance, portfolio changes and market developments.

Investment specialist Fraser Thomson gives an update on the US Equity Growth Strategy covering Q2 2024.

Why AI could be key to us living longer and being in better health in the future.

Investment specialist Rosie Rankin gives an update on the Positive Change Strategy covering Q2 2024.

How efficiency drives at Meta, Shopify and Block could fuel their long-term growth.

The Discovery Team reflects on recent performance, portfolio changes and market developments.

The China Team reflects on recent performance, portfolio changes and market developments.

The International Growth Team reflects on recent performance, portfolio changes and market developments.

The US Alpha Team reflects on recent performance, portfolio changes and market developments

The Health Innovation Team reflects on recent performance, portfolio changes and market developments.

The International Smaller Companies Team reflects on recent performance, portfolio changes and market developments.

The International All Cap Team reflects on recent performance, portfolio changes and market developments.

The International Alpha Team reflects on recent performance, portfolio changes and market developments.

Analysing market dynamics, industry challenges and future trends of EVs’ global adoption.

How one company is finally bringing the boundless possibilities of quantum computing into reach of the wider market.

The International Concentrated Growth Team reflects on recent performance, portfolio changes and market developments.

What market sentiment, recent valuations and policy changes mean for us as investors in Asian growth companies.

Why high interest rates help rapid growth private companies with proven products stand apart.

Explore Japan's market evolution, digitalization, and investment opportunities in unique growth themes.

Unlocking the potential of small cap investments.

Investment manager William Sutcliffe introduces Emerging Markets, reflecting on the exciting opportunities ahead.

Japanese tech dominance is under increasing pressure in China from domestic challengers.

The company on a mission to democratise ecommerce and finance for 650 million people.

Praveen Kumar shares the latest on growth equities in Japan and why now is the time for small cap investors to be bold.

Partners Tim Garratt and Stuart Dunbar identify signs of emerging growth.

How artificial intelligence creates growth opportunities and ways for us to serve you better.

Baillie Gifford’s Will Sutcliffe explains how emerging markets have evolved in the last three decades.

Why it’s a promising time to invest in exceptional emerging markets companies

The Magnificent Seven’s reputation goes before them but that’s not enough to save them.

The International Alpha Team reflects on recent performance, portfolio changes and market developments.

The Long Term Global Growth Team reflects on recent performance, portfolio changes and market developments.

The Health Innovation Team reflects on recent performance, portfolio changes and market developments.

The US Alpha Team reflects on recent performance, portfolio changes and market developments.

The US Equity Growth Team reflects on recent performance, portfolio changes and market developments.

The Global Alpha Team reflects on recent performance, portfolio changes and market developments.

The Positive Change Team reflects on recent performance, portfolio changes and market developments.

The International Smaller Companies Team reflects on recent performance, portfolio changes and market developments.

The International Concentrated Growth Team reflects on recent performance, portfolio changes and market developments.

The International All Cap Team reflects on recent performance, portfolio changes and market developments.

The China A Shares Team reflects on recent performance, portfolio changes and market developments.

The Emerging Markets Team reflects on recent performance, portfolio changes and market developments.

Investors take note: technology and innovation are revolutionising treatments and patient care.

Author Sebastian Mallaby on the attraction of investing in game-changing firms at an early stage.

Why AI could be the printing press of intelligence.

The mobile app that busts stress and high charges for workers sending money back home.

How the SpaceX subsidiary is turning internet deserts into online oases

Tom Slater on the secret sauce shared by founder-led companies.

A small holding with a long-term climate goal.

The Multi Asset Team’s forecast for growth, bonds, equities and other assets over the decade.

Roderick Snell on investing in Asia – from a strengthening dollar to the semiconductor value chain.

The Positive Change Team’s ESG and engagement report shows the difference talking can make.

The innovative ecommerce company poised to take advantage of China’s large consumer base.

Why do we prefer growth stocks despite the lure of shorter-term assets?

A performance update explaining why we back firms solving social and economic issues such as Moderna and MercadoLibre.

Can scientists meet unmet health needs by writing code to help the body heal itself?

Being open-minded to what rapid changes brought on by AI could mean for growth stocks.

How can we spot large growth opportunities at the stage when others dismiss them as fads?

Why the study of gene fitness can help us spot ambitious growth companies with huge potential.

What values are important to you? And are they reflected in your investments?

Considering the S in ESG ranges from supply chain analysis to cybersecurity precautions.

Climate and Environment Analyst Matt Jones considers the potential of emissions avoidance and disruptive innovation.

HelloFresh’s CEO explains the art and science of meal kit delivery at a global scale.

Ben Buckler on how investors should steer between the twin poles of risk in China.

Tough times play to the partnership’s strengths: analysing what enables us to adapt and thrive amid rapid change.

Opportunities remain in small-cap investing, regardless of interest rates or market volatility.

Lawrence Burns explores the new landscape of opportunity.

Charting how technological progress and prosperity march together.

The US’s $800bn trucking industry is on track for a shake up with Aurora’s self-driving technology.

Emerging markets have underperformed developed ones recently. So, why should we invest in them?

The ‘next wave’ of companies, mixing the digital and physical realms.

Could smaller reactors and fusion power herald a new atomic age?

Why investors must put the rise of ChatGPT and other generative AI in context.

The years ahead are uncertain, but we can turn that to our advantage.

Companies addressing climate change could create huge societal and economic value over time.

By shifting the focus from Windows and embracing AI, the firm has revitalised its fortunes.

A decade ago, software companies were venture-backed and capital-light. That’s no longer true.

The US-based company’s technology promises to ‘silence’ genetic disorders and target some of the world’s biggest killers.

How can we avoid a hothouse world? Head of Climate Change Caroline Cook discusses with experts.

The cancer-fighting firm that aims to lead a clean energy revolution.

Why considering environmental, social and governance factors helps us pursue long-term returns.

The country’s domestic markets are rich in companies with the know-how to become global leaders.

Considering different ways global warming and a transition to new energy sources might occur.

Glimpse a universe of opportunity at Baillie Gifford’s Disruption Week in November 2023.

Discover what private company investing is, and why our decades of institutional knowledge of exceptional growth companies gives us an advantage.

Find out what makes luxury fashion conglomerate Kering stand out from the competition.

Learn how the Boston-based life science company is disrupting the drug development industry.

We live in changing times. And that will create opportunities for long-term growth investors.

Mark Urquhart discusses the science and art of picking growth stocks with enduring potential.

Using a fighter pilot’s business strategy can help a company orient itself amid change.

Investors provide an update on International All Cap performance and portfolio activity.

Climeworks, the company using innovative technology to capture and store CO2 underground safely, measurably and permanently.

Tim Spector and Henry Dimbleby on what our diet says about our health and the health of the planet.

Learn how the Swedish battery company Northvolt is driving change in the EV industry

How Elevance Health uses its scale to smooth a path through the US health system’s maze.

The mRNA technology behind the Covid vaccine is being directed against other diseases.

How Positive Change targets companies at the forefront of tackling carbon emissions.

Investor Sophie Earnshaw explains how we navigate China’s complexity to boost growth potential.

The island nation’s natural wealth makes it crucial to a low-carbon future.

By investing in companies at the frontiers of structural shifts we can pursue fantastic returns.

International All Cap investors on why they’re encouraged by how the portfolio has been faring.

How Yahoo! Japan and Z Holdings' conquest of the country’s internet realm unfolded.

The Dutch firm making everyday payments fast and friction-free.

How Recursion Pharmaceuticals is using AI to turn the hunt for new medicines on its head.

Research suggesting faster-than-expected adoption has far-reaching consequences for investors.

Climeworks helps us remove CO₂. We invest in it because we think it can combat climate change.

The UK firm partnering with leading grocers to deploy its automated warehouses worldwide.

Renowned investor Kai-Fu Lee revisits his prophetic book, five years on.

We don’t just talk to managements, we listen. A snapshot of Positive Change’s ESG conversations.

Developing brain disease drugs is hard, but this company’s early results suggest it can succeed.

Investors must find companies with the key qualities needed to thrive in a stormy economy.

Responsible business practices are fundamental to delivering sustainable long-term growth and addressing global challenges.

LTGG’s Stewart Hogg and Gemma Barkhuizen on volatility, business culture, and the long-term view.

Why international equity markets shouldn’t be forgotten.

Zipline delivers instantly, whether that’s blood in Rwanda or rotisserie chicken from Walmart.

Investment manager Lawrence Burns talks to MercadoLibre’s CFO Pedro Arnt.

Author Matthew Ball on the next-generation internet and the companies building its foundations.

Our investors’ job is to tell the difference between passing phases and deeper behavioural shifts.

Investment specialists discuss idea generation, stocks and portfolio resilience for International All Cap.

Masahiko Uotani, CEO of the Japanese cosmetics giant, discusses its profitable makeover with Iain Campbell.

How can we invest in quality companies with the potential to generate sustainable returns in a changing market?

Exploring the emerging energy opportunities in Asia.

The Dutch firm driving progress by making it possible to create more intricate computer chips.

How semiconductors bring a competitive world together.

Partner Dave Bujnowski offers a radical new perspective on the disruptive ‘engines’ powering today’s growth.

Endurance and imagination are key ingredients for quality growth investing.

Radical companies may seem risky, but they’re building the future. Paulina McPadden, Spencer Adair and Lawrence Burns discuss how investing in firms with extraordinary potential is a simple approach to long-term wealth creation.

SpaceX, Epic Games and Stripe: the list of the unlisted continues to grow. How can investors benefit?

Investing in great growth companies to make a big difference.

The special considerations at play when we invest in high-growth, late-stage unlisted firms.

Investing in private companies applying today’s early-stage tech to create tomorrow’s world.

Fifty years after Apollo 11, can a fresh wave of innovation in space technology open new frontiers and promising investment opportunities? Investment manager, Luke Ward looks across the gulf of space and gives us his views.

Our support of inquisitive people plays a crucial role in our investment research. Discover more in our academia anthology.