Baillie Gifford appoints Mathison to £1.2bn funds

Ross Mathison

Edinburgh-based investment giant Baillie Gifford has appointed Ross Mathison as a portfolio manager of its Global Income Growth Fund and Responsible Global Equity Income Fund, joining existing managers James Dow and Toby Ross on the funds.

Mathison joined Baillie Gifford in 2019 as an investment manager having previously worked at Aviva Investors and Standard Life Investments.

The £814 million Baillie Gifford Global Income Growth Fund aims to achieve growth in both income and capital over rolling five-year periods, whilst delivering a yield higher than that of the MSCI ACWI Index over rolling five-year periods1.

“The fund is ranked 2/43 among its peers (five years to 30 November 2021),” said Baillie Gifford.

The firm added: “In December, the £312m Responsible Global Equity Income Fund achieved its three-year track record.

“It seeks to invest responsibly in companies which can deliver both a resilient income stream and real growth in income and capital.

“Since inception, the fund is ranked 2/48 in its sector (as at 30 November 2021).”

Baillie Gifford has about 1,600 staff and assets under management of around £350 billion.

The global Edinburgh firm has offices Dublin, Frankfurt, Hong Kong, Krakow, London, New York, Shanghai, Toronto and Zurich.

James Budden, Director, Retail Marketing & Distribution, Baillie Gifford, said: “Ross’ appointment recognises the significant contribution he has made since he joined Baillie Gifford two years ago.

“This new role will see him assume greater responsibilities for decision making and overall portfolio construction.

“His promotion further strengthens an already experienced and successful team whose total returns to shareholders have proved resilient through volatile times for income investors.”

About the Author

Mark McSherry
Dalriada Media LLC sites are edited by veteran news journalist Mark McSherry, a former staff editor and reporter with Reuters, Bloomberg and major newspapers including the South China Morning Post, London's Sunday Times and The Scotsman. McSherry's journalism has also appeared in The Washington Post, The Guardian, The Independent, The New York Times, London's Evening Standard and Forbes. McSherry is also a professor of journalism and communication arts in universities and colleges in New York City. Scottish-born McSherry has an MBA from the University of Edinburgh and a Certificate in Global Affairs from New York University.