Baillie Gifford & Co is a British investment management firm which is wholly owned by partners, all of whom work within the firm. It was founded in Edinburgh, Scotland, in 1908 and still has its headquarters in the city. It has corporate offices in New York and London.
History
Baillie & Gifford WS was formed in 1907[2] as a partnership between Lieutenant Colonel Augustus Baillie and Carlyle Gifford. Initially, it was a law firm but the financial climate of the time led to the business switching its emphasis to investment in 1908. In 1909, Baillie & Gifford created the Straits Mortgage and Trust Company Limited[3] to lend money to rubber planters in Malaya and Ceylon.[4]
The Straits Mortgage and Trust Company Limited was renamed The Scottish Mortgage and Trust Limited in 1913,[5]