James Anderson on Why Fund Management Is 'Broken' (Podcast)

Bloomberg Opinion columnist Barry Ritholtz speaks with James
Anderson, a longtime partner at Edingburgh-based Baillie Gifford
& Co. and joint manager of Scottish Mortgage Investment Trust
PLC, who will be retiring in April. Last year, he drew headlines
for criticizing the industry as “irretrievably broken.” Baillie
Gifford currently has 326 billion pounds ($441 billion) in assets
under management.


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