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Schiehallion’s Baillie Gifford managers wary of “elevated” AI valuations as they look to reposition after SpaceX and Bending Spoon successes
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Schiehallion’s Baillie Gifford managers wary of “elevated” AI valuations as they look to reposition after SpaceX and Bending Spoon successes
The flotations of SpaceX and Bending Spoons, the Italian digital retailing platform, powered Schiehallion (MNTN) to a 29.1% investment return in the six months to 31 July. Half-year results show Bending Spoons’ $18.5bn flotation provided an even bigger boost for the Baillie Gifford growth capital fund than SpaceX’s record $1.7trn IPO. From January when it […]
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