Nov 8, 2024, 6:00 AM
Nov 8, 2024, 6:00 AM

Tom Slater Takes Over Leadership of Scottish Mortgage Investment Trust Amid Change

Highlights
  • Scottish Mortgage Investment Trust is highly regarded in investment circles within Britain.
  • Tom Slater became the fund's leader after James Anderson's retirement in 2022.
  • The changing management raises interest in the future of the fund's investment strategies.
Story

Scottish Mortgage Investment Trust, recognized as Britain's most closely followed investment trust, has seen changes in management, particularly after James Anderson's retirement in 2022. Tom Slater, who joined Baillie Gifford as a graduate trainee in 2000 and assisted with the fund since 2009, has taken over as the new leader. Slater's background is grounded in mathematics and computer science, which informs his investment decisions. Under his leadership, the trust continues its pursuit of high-potential market opportunities. The shift in management raises questions about the future direction of investment strategy, especially in relation to initial perceptions around disruptive companies like Airbnb, which Slater initially deemed a ridiculous idea before witnessing its evolution.

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