Bottom-up approach and EM exposure delivers for Allan

FUND MANAGER FOCUS

Baillie Gifford manager attributes consistent outperformance to bottom-up stockpicking approach and understanding individual companies

Murray Allan and James Mowat have run the Baillie Gifford Managed fund since May 2007, consistently delivering top-quartile returns. Allan attributes performance to the managers’ bottom-up stockpicking approach, based on understanding individual companies rather than macroeconomic issues. According to Morningstar, the £449m fund is ranked ninth out of 114 vehicles in the IMA Balanced Managed sector over three years to 9 August, up 11.6% compared to a sector average decline of 1.5%. Over one year the fund is ranked third out of 145 funds, up 22.1% compared to a sector average increase ...