Baillie Gifford Shin Nippon is a publicly traded
investment trust
An investment trust is a form of investment fund found mostly in the United Kingdom and Japan. Investment trusts are constituted as public limited companies and are therefore closed ended since the fund managers cannot redeem or create shares.
...
which invests in Japanese smaller companies. The Trust is managed by
Baillie Gifford & Co Limited, the Edinburgh-based investment management partnership. It is listed on the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
.
History
Baillie Gifford Shin Nippon PLC was launched in July 1985, in order to capitalise on the investment opportunity available among companies too small and illiquid for Baillie Gifford Japan Trust PLC, which had been launched successfully four years before. Shin Nippon, which means New Japan, has as its objective the pursuit of long term capital growth principally through investment in small Japanese companies which are believed to have above average prospects for capital growth. It became part of the
FTSE 250 Index
The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septemb ...
in November 2020.
References
External links
Baillie Gifford Shin Nippon WebsiteBaillie Gifford & Co WebsiteTrust Magazine - Investment trust news, expert analysis, videos, competitions, and more from Baillie Gifford{{Authority control
Investment trusts of the United Kingdom
Financial services companies established in 1985
Companies listed on the London Stock Exchange
Investment management companies of the United Kingdom
Companies based in Edinburgh
1985 establishments in Scotland