View more on these topics

Baillie Gifford appoints three partners

Baillie Gifford has appointed three new partners: Malcolm MacColl, Bill Pacula and David Salter.

The three will start their new role on May 1, taking the total number of partners at Baillie Gifford, which is wholly owned and managed by its partners, to 37.

Malcolm MacColl is a senior portfolio manager and one of the three decision-makers within the global alpha equity team.

Based in New York, Bill Pacula has business development responsibility in America and Canada and is the first person to become an international partner.

David Salter, a client director in the institutional clients department, is the third partner to be appointed.

Andrew Telfer will become joint senior partner on May 1, 2012, with responsibility for the management of Baillie Gifford. He will succeed Alex Callander, who retires on April 30 2012 after 30 years at the firm.
Additionally, Edward Hocknell, Nigel Morecroft and Leslie Robb will retire as partners on the same date.


ABI wants public urged to shop for the best annuity

The Association of British Insurers has published a best practice guide which it says will see providers encourage customers to shop around for an annuity. The guide tells providers they should encourage customers to shop around for the most competitive annuity and customers should get all the information they need to shop around four to […]

Nationwide takes £2bn mortgage book admin in-house

Nationwide Building Society will transfer the administration of a combined £2bn mortgage book previously serviced by HML in-house following the acquisition of the Cheshire and Derbyshire Building Societies. The transfer, which will be completed by July, follows GMAC-RFC’s move to bring the administration of its £3.6bn mortgage book from HML in-house, as revealed by Money […]

Paragon pulls 2-year fixed rate products due to rising swap rates

Buy-to-let lender Paragon Mortgages has temporarily withdrawn both its two-year fixed rate products due to rising swap rates. Brokers can submit applications for these mortgages until January 19. Swap rates, the borrowing rates between financial institutions, have increased significantly over the past year. Two-year swap rates currently stand at 1.76 per cent as of January […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm