Baillie Gifford responds to investor demand with global responsible income fund launch

Led by James Dow and Toby Ross

Baillie Gifford has launched the Responsible Global Equity Income fund which will adhere to the UN Global Compact principles in its stock selection process.

The fund, which has been launched following investor demand, seeks to deliver attractive long-term income and growth through investing in responsible companies. It has been seeded with more than £50m from existing Baillie Gifford clients and is managed by a team headed by Toby Ross and James Dow, who manage the group's £525m Global Income Growth fund and £600m Scottish American Investment Company. The managers will pursue the same outcomes as for the fund - to obtain a higher yield than the FTSE All World index while achieving growth in both income and capital over the long-term - b...