UK Equity Alpha manager Callahan among trio of Baillie Gifford retirees

Angus Franklin and Lynn Dewar also exit

Manager of the £1.1bn Baillie Gifford UK Equity Alpha fund Gerard Callahan is set to retire on 30 April 2022 after 30 years with the firm.

Also chair of the international all cap strategy, Callahan will begin a transition period with co-manager of the Baillie Gifford UK Growth trust, Milena Mileva. Baillie Gifford UK Growth eyes unlisted exposure of up to 10% She will take on the role of co-manager for UK Equity Alpha until Callahan's departure, at which point she will become lead manager. She will also join the international all cap strategy. Part of the research team across the international alpha, UK, emerging markets and European equities strategies, Angus Franklin is also set to retire in April next year, after 2...