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Baillie Gifford appoints high yield bond fund manager

Baillie Gifford has appointed Ben Thompson as co-fund manager of its high yield bond fund.

Thompson previously worked in the US and European equity departments of Baillie Gifford and will manage the portfolio alongside current fund manager Ken Barker.

The double ‘A’ rated fund has five stars from Standard & Poor’s and ranks in the top decile of the UK Other Bonds sector over six months, one year and three years to 31 July 2006.

Barker has managed the fund since launch on November 30 2001.

Barker says: “I will still be actively involved in the management of the fund, as is the case for our Corporate Bond Fund, where the joint manager approach has worked well.”


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Northern Rock launches new range of fixed rate bonds

Northern Rock has issued its latest range of fixed rate bonds for one, two or three years requiring a minimum deposit of 1.The three new limited issue bonds will offer guaranteed returns at a rate of 5.5 per cent gross per annum and will be fixed to October 1 2007, 2008 and 2009 respectively.From today […]

Sunny side up for Buckley and Covell

Ex-Bankhall duo Mike Buckley and Gordon Covell are set to receive a little more media exposure than they first expected in the coming weeks. The pair, who run the Active Management Group, were spotted at a Soho bar while waiting for a Money Marketing hack by a TV crew filming a dating show. Buckley was […]


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