Baillie Gifford increases ILS holdings 53% in 2023
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Baillie Gifford increases ILS holdings 53% in 2023

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Baillie Gifford has increased its ILS holdings by around 53% during 2023 to £185.7mn ($236mn) across four funds, as the hard reinsurance market took hold.

Baillie Gifford invests in the sector via two UK-based funds, the Diversified Growth Fund and Sustainable Multi-Asset Fund, where ILS holdings were £169.2mn

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