The Baillie Gifford Japan Trust Public Limited Company[1] is a publicly traded investment trust. The Trust invests exclusively in Japan. The Trust is managed by Baillie Gifford & Co Limited, the Edinburgh-based investment management partnership. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
The Japan Trust, launched in 1981,[2] is the longest established existing Japanese investment trust, having survived the ebb and flow of corporate activity in the Japanese sector. The first specialist Japanese investment trust was launched in the early 1970s, as Japan, undergoing rapid economic expansion, eased its restrictions on foreigners owning shares. Several other trusts were launched over the next few years and by the time the Company was listed in December 1981 there were five Japanese investment trusts in existence.[3]