iAtoday

Currently, the team is led by seven portfolio managers and supported by a dedicated analyst, and has access to the firm's resources.

Among these portfolio managers, there are two departures and one addition to the group: Iain McCombie and Craig Noble are stepping down while Toby Ross is joining.

Based on our conversations with Baillie Gifford, these changes are the first steps in a transition of the team structure that will take place over a longer period of time. Eventually, Toby Ross will evolve into the role of lead portfolio manager, supported by his analysts, while the other portfolio managers will take on a diminishing role.

According to Baillie Gifford, these changes will allow the strategy to continue to evolve as a reference in sustainable investment and will also better meet the growing expectations of investors in terms of responsible investment.

Baillie Gifford is a firm that has successfully made this type of transition in the past. However, these changes remain significant and warrant closer monitoring over the next few quarters. Following meetings with Baillie Gifford, our team has a clear understanding of the rationale behind these changes and views them positively.

For complete information and the affected funds, please consult the Investment Update of July 21, 2022 – Baillie Gifford.