Baillie Gifford

Background

Founded 1908 as a legal partnership; still partnership-owned. James Anderson (retired 2022) built the global growth franchise around early, large stakes in Amazon, Tesla, Tencent, Alibaba, ASML, and Moderna. Tom Slater now leads the U.S. growth effort and co-managed Scottish Mortgage with Anderson.

Key People

• Tom Slater Head of U.S. Equities; PM, Scottish Mortgage Investment Trust

  Took on Scottish Mortgage as co-manager in 2015 and lead manager after Anderson's retirement.

• James Anderson Former PM, Scottish Mortgage (retired 2022)

  Architect of the multi-bagger growth book that defined the firm.

Track Record / Style

Scottish Mortgage is the firm's public-facing flagship and the most-cited UK growth vehicle of the past 15 years — multi-bagger Tesla and Amazon runs offset by a 50%+ drawdown in 2022. The 13F mirrors the philosophy: concentrated, growth-tilted, willing to hold through volatility but vulnerable in growth corrections.