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Baillie changes Pacific and Europe managers

Baillie Gifford has had a reshuffle on its European and Asia desks.

Pacific fund manager Ben Lloyd is to leave the firm on July 9 to travel in China and has been replaced by Mike Gush who took on the fund from June 1.

Gush joined the firm in 2003 and is an investment manager in the emerging markets team. Gerald Smith will stay as co-manager of the fund.

Michael MacPhee is to be replaced by Peter Hollis as co-manager on the group’s European fund.

Hollis, who joined Baillie Gifford in 1989, previously worked on both the UK and North American teams before joining the European desk in 2004.

He became a partner of the firm in 2002. He will co-manage the fund alongside John Burke and Angus Franklin.

MacPhee will stay on at Baillie Gifford to work in other areas.

Intermediary sales and marketing director Ken Edwards says: “Both the European fund and Pacific fund will have the benefit of consistency within their new fund management structure and should remain attractive options for investors seeking exposure to these sectors.”


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