Baillie Gifford has rebranded its Corporate Bond fund to the Strategic Bond fund to "more accurately reflect its strategic approach".
The name change will take effect from 1 May but the group has reiterated the fund's investment philosophy will remain unchanged, continuing to follow the same "through the economic cycle" approach it has used since inception in 1999. Co-manager of the fund and partner at Baillie Gifford Stephen Rodger will step down on the 1 May, having announced his retirement earlier this year. The fund will still be co-managed by Torcail Stewart and Lesley Dunn, who will continue to actively manage the fund through global bond selection and strategic asset allocation between investment grade and hi...
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