News

Baillie Gifford opens Shanghai office

UK investment manager Baillie Gifford has moved into the Chinese funds market after opening an office in Shanghai and registering as a private securities fund manager in China. The move will enable Baillie Gifford to invest in a wider range of Chinese companies and also market private funds to Chinese investors. The firm launched its first China fund back in 2008 and has so far invested around £45 billion in more than 100 companies based on the mainland. According to Baillie Gifford’s partners, a local presence in China will deepen its existing relationships with Chinese companies and also improve its understanding of cultural developments in the country. It will also help the firm to find the next generation of investment targets, stated the company. “We are building a team based in Shanghai to provide devoted, local expertise to boost our research into these rising Chinese companies,” said John MacDougall, partner and chairman in China. “We hope that combining knowledge from the team on-the-ground with broader perspective from investment teams in Edinburgh will allow us to assess the opportunities with greater insight, in the search to find China’s future winners.” In 2019 the company hired Amy Wang as head of China in order to build the Shanghai team and develop local relationships. She will be joined by head of investment research Linda Lin who is returning to China after six years at Baillie Gifford’s Edinburgh office. © 2020 funds global Asia

Sponsored Profiles

Sponsored feature: Asset allocators – How do you track your decisions?

Apr 06, 2020

Mark Barry, Head of Asset Allocation at Milestone Group, explores how a simple question can highlight opportunities to automate and streamline your asset allocation investment process.

Sponsored feature: How is DLT changing the global securities services landscape?

Oct 17, 2019

By Jeslyn Tan, global head of product management, securities services, at Deutsche Bank

Sponsored feature: A new base for fund distribution

Oct 16, 2019

To get the most value out of the digitisation of investment fund distribution, a blockchain-based infrastructure is fundamental. By Olivier Portenseigne, Managing Director and Chief Commercial Officer, Fundsquare.

Sponsored profile: Bridging the gap

Mar 11, 2019

Private equity is a core part of the business for Caceis’ Hong Kong office, which looks after clients in China and Europe. David Li, chief executive officer, explains why private equity enjoys strong client demand and how it is being used to fund China’s international infrastructure ambitions.

Executive Interviews

Executive interview: ‘China is the 800-pound gorilla’

Aug 04, 2020

Just over a year into his new role, Wai-Kwong Seck, chief executive officer at Eastspring Investments, discusses his business goals, the Covid-19 pandemic and China.

Executive interview: Understanding geographies

Apr 06, 2020

Margaret Harwood-Jones, co-head financing and securities services at Standard Chartered, shares her insights on platform standardisation, opportunities in Asia and regulatory change to encourage...

Roundtables

Hong Kong roundtable: A ‘fragile Goldilocks situation’

Apr 06, 2020

With the global economy at a crossroads, our panel of experts share their thoughts on the market conditions, geopolitical volatility and growth opportunities. Chaired by Romil Patel in Hong Kong.

Singapore roundtable: A horizon to hold long-term assets

Dec 12, 2019

Panellists discuss the geopolitical fractures concerning asset owners, Singapore as a hub for fintech start-ups and why it makes sense to raise capital from a Variable Capital Company (VCC). Chaired by Romil Patel in Singapore.