Baillie Gifford's Patrick Edwardson has been increasing equity exposure in the £370m Scottish American Investment trust during the recent market volatility.
Baillie Gifford manager attributes consistent returns to long-term growth opps
Baillie Gifford High Yield Bond fund manager Ben Thompson plans to leave the group next month to work outside the financial services industry.
Manager urges investors not to focus on short-term performance as trust returns 81% over year to 31 March in contrast to last year's declines