Baillie Gifford China Growth (ticker: BGCG) was launched in 1907, and was known as F&C Pacific from 1984 to 2005 and then Witan Pacific from 2005 to 2020, before deciding to ditch its wider regional brief to focus on Chinese stocks. Its share price soared for the first six months under Baillie Gifford, with high investor demand causing its shares to trade at a large premium. But Chinese regulatory crackdowns and sluggish economic growth caused a savage reversal and resulted in a share price drawdown of over 70% by the end of 2023. After three years of underperforming its benchmark, BGCG ou...