PALM DESERT, Calif. -- Baillie Gifford is an independent investment management firm based in Edinburgh, Scotland.  At the end of 2010, it managed more than $113 billion in bond and stock portfolios.

Among those portfolios are kept Monks and SAINTS. Monks is a large generalist trust that invests internationally. SAINTS is a diversified trust that invests in a broad range of assets in the United Kingdom and abroad.

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