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Baillie Gifford joins ShareSoc’s corporate-supporter scheme
Independent, global asset manager, Baillie Gifford, has announced it is joining ShareSoc’s corporate-supporter scheme.
ShareSoc, a not-for-profit organisation, represents and supports individual investors, campaigning for fair treatment, with the emphasis on information and voting rights.
Baillie Gifford, which is headquartered in Edinburgh, has £197bn of assets under management, of which £22bn sits within its range of 12 investment trusts.
Its support will be directed towards boosting ShareSoc’s advocacy, education and community-building activities.
James Budden, head of global marketing at Baillie Gifford, commented:
“Individual investors are an important and loyal part of our client base, and will continue to grow in prominence, as more people take control of their own savings and pensions.
“We are particularly grateful to them, after they came out in force to protect their investments in UK trusts from a US activist.”
He added: “By becoming a corporate supporter, we are backing ShareSoc’s invaluable work while underlining the importance of individual investors.”
Mike Dennis, director of ShareSoc, said: “Baillie Gifford shares our beliefs in the essential role of individual investors and is committed to ensuring that individuals are treated fairly and transparently by financial markets and by issuers.”
Image: Mike Dennis
