Baillie Gifford Japanese Income Growth manager See stands by Softbank

The company lost $6.2bn when WeWork filed for bankruptcy at the start of the month, in which SoftBank had invested in 2017. In 2021 it helped cut a deal to take WeWork public via a merger with a blank-check acquisition company. Stock Spotlight: Toyota EV pivot may not be enough to catch Tesla But See stood by SoftBank's leader: "We think that Son, unlike some press coverage would have it, is actually of one of the best capital allocators in Japan." "He has actually made a lot of very good investments over the longer period," she argued, noting that unfortunately "a lot of the failu...