Baillie Gifford names new manager on £1bn worth of global income funds

James Dow and Toby Ross get additional support on their top-quartile equity strategies


Baillie Gifford has promoted Ross Mathison to become portfolio manager on over £1bn worth of global equity income funds, alongside James Dow and Toby Ross.

Mathison (pictured) joined Baillie Gifford in 2019 from Aviva Investors. Prior to that he spent nine years at Standard Life Investments, where he initially started in the European equity team before joining the global equity team.

The £814m Baillie Gifford Global Income Growth and £312m Global Equity Income funds are both already managed by Dow and Ross.

The latter only just reached its three-year track record in December and is top quartile over the period, delivering returns of 70.1% compared to 42.6% in the Investment Association Global Equity Income sector. The Baillie Gifford Global Income Growth fund is in the same sector and has delivered 66.3% over the period.

In a statement, Baillie Gifford director for retail marketing and distribution James Budden said Mathison’s appointment recognises his contribution since joining the company two years ago.

“This new role will see him assume greater responsibilities for decision making and overall portfolio construction,” Budden said. “His promotion further strengthens an already experienced and successful team whose total returns to shareholders have proved resilient through volatile times for income investors.”

See also: Baillie Gifford investment trusts prepare for more IPOs in 2022


Latest Stories