Comment & Analysis
Baillie Gifford pours cash into Spacs despite own managers’ criticism
Baillie Gifford has backed a series of special-purpose acquisition companies (Spacs) this year despite a number of its star managers harshly criticising them. Scottish Mortgage managers James Anderson and Tom Slater, both Citywire AAA-rated, have gone on record with their criticisms of the sector, accusing it of exposing fledgling companies…
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