Kames shuffles high yield team after Baines hire

Kames Capital has reshuffled its high yield investment team, after hiring Stephen Baines from Oriel Asset Management as fixed income manager.

Baines joins the high yield team with nine years of investment experience, having started his career at Baillie Gifford. The reshuffle has also seen Claire McGuckin (pictured) promoted to co-manager of the High Yield Bond fund alongside Phil Milburn, to replace Melanie Mitchell. Mitchell will move onto managing investment grade portfolios within the firm, the area where she began her career with Kames. Phil Milburn, head of high yield, said: "I would like to congratulate Claire on her promotion and thank Melanie for her valuable contribution in making the high yield team the succes...