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Two asset managers with Nordic presence to cut dozens of jobs

Two European asset managers with a Nordic presence are planning extensive cost-cutting programs resulting in layoffs and shutdowns of funds. 
Andrew Telfer, CEO of Edinburgh-based asset manager Baillie Gifford | Photo: PR/Baillie Gifford
Andrew Telfer, CEO of Edinburgh-based asset manager Baillie Gifford | Photo: PR/Baillie Gifford
By Loukia Gyftopoulou and Laura Benitez / Bloomberg

Baillie Gifford is preparing to cut dozens of jobs as part of an ongoing cost review.

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