US team co-head Tabberer exits Baillie Gifford

Baillie Gifford's Ian Tabberer, manager of the £475m American fund, has left the firm.

Tabberer (pictured), co-head of the group's North American desk, joined the business in 2008 from Scottish Widows, where he was a North American equity portfolio manager. The American fund will now be managed by team co-head Gary Robinson, with Helen Xiong as joint manager, and assistance from Andrei Kiselev, who joins the American team from the Global Opportunities team. There will be no change to the fund's investment process. Recent performance on the portfolio has been lacklustre, with the fund underperforming the sector average over one and three years. Over the three years to 5 ...