[ BAILLIE GIFFORD ]
“Many active managers outperform a little bit, but then
essentially take it all back in fees. You’d be better off with
a passive manager in those instances”
describe what we do, as opposed to the
other way around, where others latch
onto a phrase and alter their story to
fit it,” he adds. “‘Actual Investing’ is
just a summation of everything we’ve
been talking about. It’s a focus on
wealth creation, capital deployment,
working with management, leaving
the value for the clients rather than
taking it for ourselves, thinking
long term and being pretty much
indifferent to share prices.”
trustnet.com