Edison Investment Research Limited: Baillie Gifford China Growth Trust (BGCG): China - we are only at the beginning

DJ Edison Investment Research Limited: Baillie Gifford China Growth Trust (BGCG): China - we are only at the beginning

Edison Investment Research Limited 
Edison Investment Research Limited: Baillie Gifford China Growth Trust 
(BGCG): China - we are only at the beginning 
 
16-Oct-2020 / 09:05 GMT/BST 
 
                                                 London, UK, 15 October 2020 
 
   Baillie Gifford China Growth Trust (BGCG): China - we are only at the 
                                 beginning 
 
The handover of Witan Pacific (WPC) to Baillie Gifford (BG) on 16 September 
2020, following the board's decision and favourable shareholders' vote, 
marks the trust's transition to the new asset manager. BG won the mandate 
with its proposal to transform the Asia Pacific growth and income trust into 
a pure China equity growth strategy. The manager considers that 'still 
misunderstood and underinvested' China (a c 2.5% allocation in 2019 global 
portfolios) is the key global growth market of the 21st century, and that 
global investors who miss out on the present China opportunity run the major 
risk of being left behind. 
 
Following the announcement of BG taking over the trust on 22 July 2020, BGCG 
re-rated into positive territory and currently trades at a 4.8% premium to 
NAV. 
 
Click here [1] to view the full report. 
 
All reports published by Edison are available to download free of charge 
from its website 
 
www.edisongroup.com [2] 
 
About Edison: Edison is an investment research and advisory company, with 
offices in North America, Europe, the Middle East and AsiaPac. The heart of 
Edison is our world-renowned equity research platform and deep multi-sector 
expertise. At Edison Investment Research, our research is widely read by 
international investors, advisers and stakeholders. Edison Advisors 
leverages our core research platform to provide differentiated services 
including investor relations and strategic consulting. 
 
Edison is authorised and regulated by the Financial Conduct Authority [3]. 
 
Edison is not an adviser or broker-dealer and does not provide investment 
advice. Edison's reports are not solicitations to buy or sell any 
securities. 
 
For more information please contact Edison: 
 
Victoria Chernykh [phone] 
 
Sarah Godfrey [phone] 
 
[e-mail] 
 
Learn more at www.edisongroup.com [2] and connect with Edison on: 
 
LinkedIn https://www.linkedin.com/company/edison-group- [4] 
 
Twitter www.twitter.com/Edison_Inv_Res [5] 
 
YouTube www.youtube.com/edisonitv [6] 
 
Dissemination of a CORPORATE NEWS, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
End of Announcement - EQS News Service 
 
1141329 16-Oct-2020 
 
 
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=4b4c7f33367df2d7b80d8481b25cc769&application_id=1141329&site_id=vwd&application_name=news 
2: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=2c8688bb51e26c2c1bfa0215e9f566ad&application_id=1141329&site_id=vwd&application_name=news 
3: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=105fe9be9b5e36892886e5a39d51d4b7&application_id=1141329&site_id=vwd&application_name=news 
4: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=afe662765000a80ab72afd922939c992&application_id=1141329&site_id=vwd&application_name=news 
5: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=ec2d264fe4f303e2143a2e85c6eaa823&application_id=1141329&site_id=vwd&application_name=news 
6: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=6b959e4d7ee3c402b931a274d2bbe945&application_id=1141329&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

October 16, 2020 04:05 ET (08:05 GMT)