Edinburgh-based asset management firm Baillie Gifford has appointed Lesley Dunn as co-manager of the Baillie Gifford Corporate Bond fund and Lucy Isles as co-manager of the Baillie Gifford High Yield Bond fund.
Dunn will work alongside Torcail Stewart and Stephen Rodger as a co-manager on the corporate bond fund, whose assets under management reached £727m (€822.6m) as of 30 November 2017.
16-year investment experienced Dunn joined the firm as investment manager in the high yield team from Aberdeen Asset Management in 2016.
Isles will be co-manager, alongside Robert Baltzer, of the high yield bond fund with £458m (€518.2m) as at end of November 2017. She joined Baillie Gifford in 2012 and became an investment manager in the high yield team in 2015.
James Budden, director of retail marketing & distribution, Baillie Gifford, commented: “At Baillie Gifford we strongly believe in the merits of a team based approach to fund management. Lesley and Lucy have both played key roles in the Credit team and their appointments to co-managers reflects the ongoing contribution they have made to the management of these funds.”
Established in 1908, Baillie Gifford had assets under management and advice of over £173bn (€195.7m) as at 30 September 2017.