The firm is known for growth investing, but she says she's picking defensive, stable winners.How is a company that's known for board games and fantasy figurines anything like a company that owns world famous luxury brands with products like high fashion accessories, champagne, and yachts?
That's the view of Milena Mileva, the manager of Baillie Gifford's $564 million Developed EAFE All Cap fund, and an expert on international stocks. Baillie Gifford, which had $289.6 billion in assets at the end of the first quarter, is known for its long track record of successful growth investing, and trafficking in growth stocks is generally thought of as a high-risk approach based on far-flung predictions.
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