UK Fund Left Bleeding Money After 2,240% Run

Stonks, a Scottish investment firm, transformed into a top-performing fund under James Anderson, focusing on tech investments like Amazon and Tesla. With Anderson's retirement, Bailey Gifford faces a slower growth phase. The firm, known for its thematic investment strategy, plans to adapt and continue its success in the volatile market.

What was a key factor in Bailey Gifford's transformation into a top-performing fund?

• Its geographical investment strategy

• Avoiding volatile markets

• Early investments in tech companies like Amazon and Tesla

• Focus on traditional industries

What strategic change did Bailey Gifford make in the early 2000s?

• Investing in only local companies

• Focusing on thematic investing

• Avoiding tech companies

• Investing in real estate

Who was the key figure behind Bailey Gifford's thematic investment strategy?

• Hulu Sanderson

• James Anderson

• Don Anderson

• Lucia Gift

How does Bailey Gifford plan to approach growth after James Anderson's retirement?

• By immediately changing their investment strategy

• By focusing solely on tech investments

• By maintaining their current strategy without changes

• By adopting a more conservative approach

What is Bailey Gifford's outlook for the next 10-20 years?

• They will exit the tech market

• They expect to decline in performance

• They plan to rise again and generate significant returns

• They will focus on short-term gains