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Baillie Gifford appoints manager to American fund

Baillie Gifford has announced the appointment of Malcolm MacColl as joint-manager of its American fund, succeeding Andrew Holliman.

In keeping with Baillie Gifford&#39s team-based approach to fund management, Mick Brewis will continue to be the lead fund manager of the fund, a role he has held since its launch in July 1997.

MacColl joined the fund manager in 1999 where he spent his first two years working on the UK small cap team and then the last two as one of nine managers on Baillie Gifford&#39s North American equities team.


When will it stop?

The FSA is set to issue a paper which will attempt to organise financial advice into different product and service areas or perhaps into advice based in different stages of life. It notes this may change business models. The aim appears to be joined-up thinking but all it may be doing is changing things for […]

Axa Isle of Man – Evolution Extra Income Fund

Type: Unit-linked fund Aim: Growth by investing in the Axa Extra Income Fund Minimum investment: £15,000 Place of registration: Isle of Man Investment split: 100% in the Axa Extra Income Fund Charges: Annual 0.5% Commission: Subject to negotiation Tel: 01624 643345

Bank base rate remains unchanged

The Bank of England’s Monetary Policy Committee has decided to leave the base rate unchanged at 3.5 per cent. This was largely expected by the market given a recent pick up in economic activity. Last month the MPC cut rates by 0.25 per cent.

Buy to let benefits from fall in first-time buyers

Buy to let is booming as house price inflation forces potential first-time buyers into renting rather than buying.Seventy-one per cent of landlords say the lack of first-time buyers has boosted the buy-to-let market, according to a survey of property investors attending this year&#39s Property Investor Show.Over half of landlords (53 per cent) believe the buy-to-let […]


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