The investment trust magazine from Baillie Gifford

Cultivating uncertainty
We can’t know which AI companies will bloom, but Anthropic’s culture inspires confidence. Tom Slater explains why Scottish Mortgage is backing it.

“Schiehallion hunts for private companies that can scale… without needing constant top-ups”
Joint manager Peter Singlehurst explains why app empire Bending Spoons is the trust’s largest holding.
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