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 +44 (0)7776 956739
Sarah Godfrey +44 (0)7976 154191
investmenttrusts@edisongroup.com
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]
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End of Announcement - EQS News Service
1141329 16-Oct-2020
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(END) Dow Jones Newswires
October 16, 2020 04:05 ET (08:05 GMT)
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