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baillie gifford invests in ub s signaling growth strategy and confidence
Baillie Gifford, known for its early investments in Tesla and SpaceX, has now invested in UBS, Switzerland's largest bank, citing its leadership in wealth management and upcoming generational changes as key factors. Despite ongoing discussions about new capital rules for major banks, the firm views UBS as a solid long-term investment. Baillie Gifford maintains a long-term investment philosophy, emphasizing patience and stability in their portfolio management.
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