Baillie Gifford

The Scottish asset manager is garnering benchmark-beating returns with its low-turnover, long-term investment approach.
Edinburgh-based Lothian Pension Fund will appoint Invesco Perpetual to manage a mandate worth £100 million.
Western Asset has selected Gordon Brown as a portfolio manager on the global markets team and Chia-Liang Lian as head of investment management, Asia.
The Norfolk County Council Pension Fund, Norwich, England, has appointed Sarasin & Partners to manage £125 million in active global equities.
San Francisco-based investment manager, RS Investment, has rolled out two new international equity mutual funds.
New York State Teachers’ Retirement System has appointed LSV Asset Management and Baillie Gifford to manage MSCIACWI ex-U.S. portfolios.
Baillie Gifford is planning to overhaul its £28.7 million European Smaller Companies Fund.
Royal Borough of Kensington and Chelsea Pension Fund has appointed Longview Partners to manage around $161 million in active global equity.
Aon Hewitt and Baillie Gifford have connected to straight-through processing for defined contribution transactions via Calastone’s SWIFT bureau service.
The Norfolk Pension Fund has hired several managers to run its numerous active global equity mandates.