Scottish Mortgage Investment Trust

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Fund management ‘irretrievably broken’, says star investor
Baillie Gifford’s outgoing star investor criticises ‘near pornographic allure’ of earnings reports and headlines

Julia Kollewe

13, May, 2021 @4:27 PM

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Star stock-picker James Anderson retires from Baillie Gifford
Anderson was early to spot potential in technology firms such as Tesla, Amazon and Alibaba

Rupert Neate Wealth correspondent

19, Mar, 2021 @4:07 PM

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Is big tech now just too big to stomach?
The Covid crisis has turbo-charged profits and share prices. But are the big six now too powerful for regulators to ignore?

Jasper Jolly

06, Feb, 2021 @8:00 AM

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Tesla investment reaps $29bn profit for Edinburgh fund manager
Electric car maker was $6 a share when Baillie Gifford-managed fund started buying; now it is $846

Rupert Neate Wealth correspondent

24, Jan, 2021 @5:53 PM

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How did the Covid crisis affect your finances in 2020?
Pandemic leaves some people jobless and deferring mortgages, while others have saved more

Patrick Collinson

19, Dec, 2020 @7:00 AM

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Scottish Mortgage won't be too bothered about the Nasdaq's wobble | Nils Pratley
The investment fund understands the value of thinking long-term and backing winners

Nils Pratley

03, Sep, 2020 @6:50 PM

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Business leaders back banking sector after Scottish independence
Standard Life founder, ex-RBS chair and others positive about Scottish banking's future due to likelihood of currency union

Severin Carrell and Julia Kollewe

05, Aug, 2014 @12:13 PM

Has Foxtons' Hunt called the top of the market?

Last week property company Land Securities warned that the UK commercial property market had peaked and there were signs of a slowdown. Chief executive Francis Salway said some properties were now worth less than a year ago and warned: "This is a big deal."

Julia Finch

22, May, 2007 @1:47 PM

Commercial property sector thriving despite rate pressures

The commercial property market is still booming, with demand growing at its fastest pace in seven years, driven by a strong economy and record profitability in British industry, a survey showed yesterday.

Ashley Seager

27, Apr, 2007 @1:47 PM

FAQ Reits

What is a Reit?

It's a new type of company that allows investment in commercial or residential property to produce tax-efficient rental income. Ninety per cent of this income must be distributed to shareholders of the UK-Reit and, in return, the company is exempt from corporation tax and capital gains on property sales.

Who can invest in a Reit?

Anyone can buy shares in a Reit, much like a unit trust.

Why invest in a Reit?

Stephen Herring of accountants BDO Stoy Hayward says not only can the Reit avoid paying corporation tax and capital gains, but the investor can also avoid paying tax on their dividend income if their shares are held, say, in an ISA or a self invested personal pension (SIPP).

Any potential pitfalls?

Some experts argue the property market is nudging its peak so investing now might prove to be a mistake, despite the attractive tax breaks.

01, Jan, 2007 @2:43 PM

Commercial property on shaky ground

The £421m purchase of part of Covent Garden shows the sector is booming, but some fear a crash is around the corner, writes Jonathan Russell.

Jonathan Russell

20, Aug, 2006 @1:47 PM

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