Apocalyptic and sensational statements and headlines are common tools employed by the media and “influencers” to generate interest into whichever cause they are espousing or, in the case of many journalists, their latest article.

But they are rarely used by investment managers, especially those on the verge of retirement after a long and very successful career.

So step forward James Anderson, a partner at Edinburgh-based Baillie Gifford, who has either managed or co-managed the £19 billion Scottish Mortgage Investment Trust plc (SMT) since 2000.

Under Mr Anderson’s stewardship, SMT has generated returns...