Baillie Gifford funds waver as private equity and India boom

Guinness Global Energy best performing fund in IA universe

clock • 5 min read

Private equity trusts dominated the investment universe in terms of performance over the course of 2021, according to the latest figures.

Baillie Gifford's Schiehallion, NB Private Equity, BMO Private Equity, Riverstone Energy and Standard Life Private Equity were amongst the top 10 performing investment trusts, while three Baillie Gifford funds also fell into the bottom 10. "2021 was a year dominated by the reopening of the global economy as a result of the successful vaccine rollout, followed swiftly by the emergence of new variants and reminders that the Covid pandemic is a long way from being resolved," said Nick Wood, head of fund research at Quilter Cheviot. "However, in the investment universe, this didn't stop a...

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

Autumn Budget 24: Reeves sets 20% IHT rate on AIM shares

Autumn Budget 24: Reeves sets 20% IHT rate on AIM shares

Chancellor unveils 50% relief

Cristian Angeloni
clock 30 October 2024 • 1 min read
Cash in Conversation: A poll for financial advisers

Cash in Conversation: A poll for financial advisers

Professional Adviser
clock 29 October 2024 • 1 min read
The challenges and opportunities for active managers

The challenges and opportunities for active managers

'We believe good active managers always have a place in a portfolio'

Darius McDermott
clock 29 October 2024 • 5 min read