Baillie Gifford has appointed ex-abrdn portfolio manager Arthur Milson as co-manager of its £631m High Yield Bond fund, joining existing managers Robert Baltzer and Lucy Isles with immediate effect.
Milson joined Baillie Gifford in 2022 as an investment manager in the credit team. Prior to joining the firm, he spent 16 years managing high yield funds at abrdn. The fund aims to produce a combination of income and capital growth by investing in high yield bonds. It adopts an unconstrained, best ideas approach, aiming to outperform the IA Sterling High Yield sector average. Baillie Gifford's Tom Slater owns up to 'humbling' 2022 In the last three years, the fund is down 6.4%, while its sector has lost 1.1% over the same time period, according to data from FE fundinfo. Lesley ...
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