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Baillie Gifford able to take the long view

Baillie Gifford, beacon of the Scottish financial sector, has seen its funds plunge back to 2005 levels in the market turmoil, after last year-end's £55bn was slashed to £38bn last Monday morning.

Baillie Gifford, beacon of the Scottish financial sector, has seen its funds plunge back to 2005 levels in the market turmoil, after last year-end's £55bn was slashed to £38bn last Monday morning.