Baillie Gifford

Baillie Gifford's James Budden says the RDR is a levelling tool the investment trust sector should welcome.

TIP OF THE WEEK

Baillie Gifford is planning to soft-close Richard Sneller's Emerging Markets Growth fund on 6 April as assets have passed the £1bn mark.

James Budden of Baillie Gifford on the important role for professional advisers in the investment trust universe.

Sentiment towards out-of-favour Japan is beginning to turn, with the market rising 11% since October, said Sarah Whitley, manager of the £168m Baillie Gifford Japan trust.

ON JAPAN

ON JAPAN

Patrick Edwardson, the manager of the £393m Scottish American investment trust, has increased his UK exposure to a quarter of the portfolio, at the expense of overseas holdings.

Monks Investment Trust manager Gerald Smith will take over as Baillie Gifford CIO from April 2011.

The manager of an AIM-listed China trust - which is held by Fidelity's Anthony Bolton, Baillie Gifford and Henderson - is under investigation by the US regulator.