Baillie Gifford European Growth Trust plc (BGEU.L)
Baillie Gifford European Growth Trust plc operates in the Asset Management industry of the Financial Services sector, headquartered in Edinburgh, EB, GB. The stock last traded at $129.00, down 2.64% on the session, giving a market capitalisation of $373.3M. Its beta of 1.40 implies it has historically moved more than the broad market.
Established on June 28, 1972, and domiciled in the United Kingdom, this closed-end equity investment company, known as Baillie Gifford European Growth Trust plc (formerly The European Investment Trust plc and originally Foreign & Colonial Eurotrust plc), is managed by Edinburgh Partners AIFM Limited, with co-management provided by Edinburgh Partners Limited. Its strategy involves investing in publicly traded European equities across diverse sectors, specifically excluding the UK market. The fund primarily targets undervalued companies through a rigorous fundamental analysis and a bottom-up stock selection process. This approach focuses on identifying businesses that are expected to improve profitability via restructuring, cost reductions, and other operational enhancements. Its performance is benchmarked against the FTSE All World Europe ex UK Index.
Baillie Gifford European Growth Trust plc is most often compared with the following Financial Services names: