By Charlie Conchie Fund managers at Baillie Gifford said “the storm was easing” on global markets today as the firm’s London-listed US fund narrowed the heavy discount that has plagued firms across the investment trust sector. Bosses at the Baillie Gifford US Growth Trust said the underlying value of its investments had climbed 4.1 per cent to £631,428 in the six months to the end of November after a stronger performance of its tech-heavy US portfolio, which includes the likes of Tesla and Facebook owner Meta. The firm’s share price also rose 12.1 per cent in the same period and helped narrow …
