Baillie Gifford's sole business is investment management. Since the company was founded in 1908 it has been a partnership. Today it is owned by 41 partners all of whom work in the business.
We believe that the best investment ideas spring from thinking about future possibilities, not short-term probabilities. We set no barriers to the imagination of our investors, encouraging fresh perspectives and the use of diverse sources of information.
We currently manage or advise some £145bn on behalf of clients worldwide. Whilst we are predominantly an institutional manager (circa 90% of FUM), we offer an extensive range of investment trusts and open ended funds to UK wealth managers and intermediaries.
Goldman Sachs Asset Management is one of the world's leading investment managers, investing or advising on more than £800 billion of assets. With more than 2,000 professionals across 31 offices worldwide, GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries and geographies. Our investment solutions include multi-asset, fixed income, money markets, public equity, commodities, hedge funds, private equity and real estate. Our investment teams represent over 700 investment professionals, capitalizing on the market insights, risk management expertise and technology of Goldman Sachs to help clients navigate today's dynamic markets and identify the opportunities that shape their portfolios and long-term investment goals.
HSBC Global Asset Management is a major global asset management firm managing assets totalling more than US$413.4 billion at the end of December 2016 with well-established businesses globally. We are the asset management division of, and wholly-owned by HSBC Holdings Plc (HSBC Group), one of the largest financial services organisations in the world. We believe that HSBC Global Asset Management is well placed to provide a globally-consistent, disciplined, investment process across our capabilities, which draws on the local knowledge and expertise of our team of over 500 investment professionals and approximately 2,300 employees based in 26 locations around the world.
Miton is a genuinely active investment management company, managing 10 open-ended funds and 4 investment trusts. As at 31 December 2016 the Group managed £2.9bn of assets. With a history stretching back to 1986, we are independently-minded investors focused on delivering positive returns through all market conditions.
Orbis is a global investment firm, managing £20 billion of assets in long-only and absolute-return equity funds. Founded in 1989, we are a private, employee-owned firm with offices across 5 continents. Orbis' investment philosophy is to buy and hold shares when they are trading substantially below our assessment of the company's long-term intrinsic value. We believe that finding contrarian businesses to hold for the long-term is the best way to generate wealth for our clients. As a firm, our business model is structured in a way that requires us to deliver meaningful value-for-money to our clients. Simply growing assets is not enough.